Gem Hidden in Plain Sight
In a tightly held location, this thriving cafe would suit a range of purchasers.
The unit boasts an established tenant in place on a lease expiring July 2019 (options for a further 3 years) and rent of $18,720 + Outgoings + GST (if applicable) per annum.
Feel free to contact the selling agents if this entry level investment property ticks the right boxes.
|Tenancy Status||Currently Tenanted|
|Annual Yield (Gross)||N/A (Marketed Without Price)|
|Annual Yield (Nett)||N/A (Marketed Without Price)|
|Title Scheme||Not Applicable|
|Water Charges (Annually)||$3,631|
|Council Rates (Annually)||$1,005|
|Strata Fees (Annually)||$2,020|
|Total Annual Costs||$6,657 *|
|Nett Annual Income||$-6,657 *|
The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.