PRIME INVESTMENT – POTENTIAL 7% NET RETURN

Laing+Simmons CBD exclusively offers Suite 5/171 Gloucester Street, The Rocks For Sale

Stylish commercial suite, located over 2 levels with rare street presence at ground level. Positioned below prestigious Stamford Residences completed in 2011, this space is ideal to capitalise on passing traffic. Offering 113sqm on title including a valuable car space and storage area.

– Great street presence
– Ideal for owner occupiers/investors
– Internal Bathroom facilities
– Currently leased until April 2020
– Net Income: $101,012.04 per annum approx
– Car space and storage on title
– Stylish commercial suite
– Highly coveted location near Circular Quay
– Close to Wynyard, Barangaroo and Martin Place
– Popular, prestigious tightly held precinct

Size & Lot Details;
Lower Level (Level 1) – 54m2 approx
Upper Level (Level 2) – 38m2 approx
Car space/Storage – 21m2 approx
Total area (Lot 4) – 113m2 approx

Outgoings;
Council Rates – $926.61 p/q approx
Strata Levies – $1,767.15 p/q approx
Water Rates – $271.80 p/q approx