4/258-272 Illawarra Road Marrickville, NSW 2204

For Sale P.O.A

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Property Details

Property Description

Laing + Simmons Commercial Cabramatta are pleased to offer this outstanding opportunity to purchase this large strata commercial shop situated in a high foot traffic area and between well-established businesses; restaurants, cafes, medical center, Asian grocery, etc. This property will also provide a solid return for investors looking for strong rental security and rental growth.
+ Leased to Chemist Warehouse
+ Lease expires: 18th March 2023
+ Option term: 5 + 5 years
+ Building area: 615sqm
+ Gross annual income from Chemist Warehouse $167,767 p.a. including GST
+ Annual increase CPI
+ Outgoings
+ Strata levy: $11,979 p.a.
+ Council Rate: $5,920 p.a
+ High demand suburb in Sydney’s strong performing Inner West
+ To inspect or for further information please contact Sonny Tran on 0411 217 817

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