ROAD FRONTAGE | LEASED INVESTMENT | 5% NET RETURN
A rare investment opportunity to own this outstanding property offering excellent road frontage to Hoyle Avenue and located directly off Victoria Avenue's busy trading precinct.
The complex is well located within Castle Hill's industrial and trading zone, only minutes to the new Castle Hill Metro station, M2 motorway and renowned Norwest Business Park.
The two level property is superbly fitted out with the ground floor area converted to a large air conditioned training room with open kitchen as well as a two private rooms.
This area is accessible via a glass tilt door for larger deliveries, as well as a single door. The first floor is fitted out in several separate offices most rooms with plumbing.
Currently leased to a Health studio, specialising in Kinetica Yoga and Pilates
• Rental return $66,625.00 PA net plus GST and outgoings
• Lease term 5 + 5 years
• Lease expiry 2/10/2024
• Road frontage with good signage
• Two self contained levels with ducted air conditioning and amenities on each floor.
• Large 20 sqm balcony with views
• Excellent natural light from three sides
This property offers excellent investment attributes with an existing tenant spending substantial capital to suit their specific business.
For further information please contact Simon Russo on 0414 678 632 to arrange an inspection.
All descriptions, sizes pricing and references contained in this advertisement are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact, but must satisfy themselves within other formal documentation entered into for the correctness of each item, and where necessary seek advice. No third party supplier or their agents has any authority to make or give any representations or warranty in relation to this property.