RARE INVESTMENT OPPORTUNITY
Torrens Title building with main road exposure from corner position on busy Forest Road.
Opportunities like this don’t come up very often, secure your future now & also own a great investment with these blue chip tenants in place.
Property consists of three shops and two residential units presently being
leased in one line by the lessee trading as Domino’s Pizza and Telstra Corporation.
Land Size: 423.7sqm
Shop Size: 310sqm
Rent: Domino’s: $72,930.65 per annum gross plus GST
Telstra: $20,000 per annum gross plus GST
Lease term: Domino’s: 5 x 5 years commenced 17/8/2008
Telstra: 20 year commenced 15/5/2010
Outgoings: Council: $5076 per annum
Water: $1800 per annum
Total income: $92, 930.65
Total Outgoings: $6,876
Unit Size: 423.7
Water Rates: $450 approx. p.q.