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Belle Property Commercial - Inner West

Shop 2 & 3, 351-355 Cleveland Street Redfern, NSW 2016

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Shop 2 & 3, 351-355 Cleveland Street,
Redfern, NSW 2016

Shop & Retail • Showrooms & Bulky Goods • Other

Price information

Sale - Auction Mon 9 Mar

Auction Price Guide $1,550,000 Plus

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Floor area

Auction

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Belle Property Commercial - Inner West
Shop 2 & 3, 351-355 Cleveland Street
Redfern, NSW 2016
Belle Property Commercial - Inner West
Rocco Tripodi
Andrew Bozza

Belle Property Commercial - Inner West

186 Enmore Road
NEWTOWN, NSW 2042

Map of Shop 2 & 3, 351-355 Cleveland Street

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SECURE LONG TERM INVESTMENT

  • Net Income: $97,674.00 + GST p.a
  • All outgoings paid by tenant
  • Brand new 5 x 5 year lease
Belle Property Commercial presents 353 Cleveland Street Redfern, the home of La Qila restaurant for the past decade. The property spans two (2) strata retail lots within an mixed use development within the ever popular Sydney City fringe market. Having recently signed a new 5 x 5 year lease the tenant has committed to the property for the long term, giving the buyer of this fantastic investment security and high income stream within a low interest rate environment.

- Net Income: $97,674.00 + GST p.a
Triple Net Lease (All outgoings paid by tenant)
- Area: 166 square meters ( approx.)
- Capital growth assured
- Leased until Nov 29, 2024 with another five year option
- Secure well established tenant
- Rental increases of 5% each year

Property ID: 503463182Last Updated: 21 Feb 2020

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Belle Property Commercial - Inner West
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Rocco Tripodi

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Rocco Tripodi
Belle Property Commercial - Inner West
Shop 2 & 3, 351-355 Cleveland Street Redfern, NSW 2016

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Rocco Tripodi

    Rocco Tripodi

    Belle Property Commercial - Inner West
    0407 *** ***
  • Andrew Bozza

    Andrew Bozza

    Belle Property Commercial - Inner West
    0419 *** ***