Shop 2 & 3, 351-355 Cleveland Street,
Redfern, NSW 2016
Shops & Retail • Showrooms & Large Format Retail • Other
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Belle Property Commercial - Inner West
Level 1, 2-4 King StreetNEWTOWN, NSW 2042
Shop 2 & 3, 351-355 Cleveland Street
Redfern, NSW 2016
Map of Shop 2 & 3, 351-355 Cleveland Street
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
- 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
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Property ID: 503463182Last Updated: 6 Aug 2020
Belle Property Commercial - Inner WestLevel 1, 2-4 King Street
NEWTOWN, NSW 2042
NEWTOWN, NSW 2042
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