overview

  • 1P2030
  • Retail
  • Sold

Description

Popular Chatswood Retail Shop
Property features include:
• 293 sqm internal, including undercover external area
(subdivided into 2 Shops; Shop 6A – 153 sqm, and Shop 6B – 143 sqm)
• Well established tenants and reliable rental income
• Massive frontage of 18 m facing Anderson Street
• Only 300 m from Chatswood Interchange and 200 m from Westfield Shopping Centre and Victoria Mall
• Onsite visitor parking
• Opportunities for restaurants, cafes and medical centres

Lease Details
• Leases: Shop 6A - Beauty Salon, 3 years 01/06/2025 to 31/05/2028.
New lease, subject to contract.
Shop 6B - Pilate, 3 years 15/07/2023 to 14/07/2026
• Current Gross income: $202,000 pa + GST approx.
• Rent Review: 3.5% annually
• Net Income: $170,000 pa approx.
• Outgoings: $32,000 pa approx. paid by owner
• Return: Around 5%

For more information or to arrange an on-site inspection, please contact the exclusive selling agents.

Enquiry : Raymond Yam 0414 930 188
Michael Zhong 0403 656 600

Features

  • Air Conditioning
  • Close to Shops
  • Close to Transport

floorplan

Enquiry Form