1 Abbott Lane,
Cammeray, NSW 2062
Shops & Retail
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Map of 1 Abbott Lane
NEW 5+5 YEAR LEASE TO LONGSTANDING TENANT
- GREAT EXPOSURE TO ABBOTT LANE
- UP TO A 7.5% NET RETURN
- OFFERS OVER $930,000
Investors take note a new 5 + 5 year lease has been executed to a longstanding tenant that has occupied space within 506 Miller Street, Cammeray for 30 years. Style Finish are a high end architectural supplier and having serviced the Lower North Shore area for decades are a destination retail user making 1 Abbott Lane the ideal property for their requirement.
Investment credentials include:
• Tenant has occupied space within the building for circa 30 years
• Brand New 5 + 5 year lease expiring July 2019
• 232sqm + 2 car spaces
• Great exposure to Abbott Lane
• Easy access for deliveries and customers
• Efficient space with versatile usages
• Gross Income $80,110 + GST
• Outgoings circa $10,000 + GST
• Net Income $70,110 + GST
• Offers Over $930,000 – Up to a 7.5% Net Return
To receive an Information Memorandum or to arrange an inspection through the various opportunities please contact the Exclusive Sales Agents Nick Lowry on 0408 891 3... or Chris Veitch on 0434 566 3....
Investment credentials include:
• Tenant has occupied space within the building for circa 30 years
• Brand New 5 + 5 year lease expiring July 2019
• 232sqm + 2 car spaces
• Great exposure to Abbott Lane
• Easy access for deliveries and customers
• Efficient space with versatile usages
• Gross Income $80,110 + GST
• Outgoings circa $10,000 + GST
• Net Income $70,110 + GST
• Offers Over $930,000 – Up to a 7.5% Net Return
To receive an Information Memorandum or to arrange an inspection through the various opportunities please contact the Exclusive Sales Agents Nick Lowry on 0408 891 3... or Chris Veitch on 0434 566 3....
Property ID: 501284143Last Updated: 3 Mar 2015
1 Abbott Lane
Cammeray, NSW 2062
CI Australia Pty LimitedLevel 7, 2 Elizabeth Plaza
NORTH SYDNEY, NSW 2060
NORTH SYDNEY, NSW 2060
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Shop 2,, 467-473 Miller Street,Cammeray, NSW 2062 120 m²Shops & Retail • Medical & Consulting • Offices
