18 Cammeray Rd, Cammeray, NSW 2062;
Great Value Investment Opportunity, Net Return 7.5%!!
This property is also an ideal investment as it is currently leased for $850per week commencing on 1 June 2011 and terminating on 31 May 2018 as 7years with an option to renew for a period of 7years with immaculate tenants. Trading as popular Restaurant, Well presented, Part Build,
55sqm (approx) + exclusive outdoor area, Annual rent net income $44,200pa, rental review in 2016, the rent will increase by 3% on each anniversary of the commencement. Occupancy: leased investment
An opportunity exists to purchase this commercial property in prestige location, one set of traffic lights to City CBD. There is inclinator access from Cammeray Road. Ideal commercial property for excellent investment minutes to City and Neutral Bay transport as well as Cammeray’s trendy new cafes, restaurants and shopping. Golfers note: the property is a stone’s throw away from one of Sydney’s most popular course. Stunning commercial premise leased to restaurant operator!