Shop & Residence - Outstanding Long Term Investment Opportunity
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Situated in this highly visible and convenient location is a superb investment opportunity. Known as Coogee Convenience this shop and 2 bedroom residence with own private courtyard provides a wonderful investment.
Featuring a shop area of 40 square metres plus residence, the property currently produces a net annual rental of $62,220 incl GST, plus 100% of the outgoings.
Lease term: 5th year of an original 5 plus 5 year lease
Potential also to split the shop and residence under existing Strata By Laws.
An outstanding investment opportunity with further potential for an owner occupier at a later date.
Council Rates $553.90 p/q
Water Rates $163.18 p/q
Strata Levies $1403 p/q
Location and Amenities
Nearby Government Schools
Coogee Public School, Centennial Park School, NSW School of Languages, Randwick Public School, Sydney Childrens Hospital School, Randwick Girls High School, Clovelly Public School & Randwick Boys High School+22 more
Nearby Private Schools
Claremont College, St Brigid's Catholic Primary School, Our Lady of the Sacred Heart Catholic Primary School, Brigidine College Randwick, Marcellin College, Coogee Boys' Preparatory School, Emanuel School & St Anthony's Catholic Primary School+22 more
Contact Tony Laing for more information.
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