This single level freehold property is located within the main shopping strip of Victoria Road in West Ryde. The land area is about 193 sqm with on-site parking and rear lane access from Dickson Lane. With a pedestrian crossing in front & opposite Shell petrol station and McDonalds, it enjoys excellent exposure to passing traffic. It's currently leased to Pizza Hut till September 2013. The current rent is $ 34,330.80 per annum and no GST is payable at the moment. According to the lease, the tenant pays for all water rates & charges.
Outgoings (approximate per annum)
Council rates: $1,720
Water rates & usage: $933 (paid by tenant)
Insurance: $1,854
Land Tax: Nil (land value as at 1/7/2010 is $226,000)

Auction on Thursday 16 June 2011 10:30am
Venue: Sydney Morning Herald Auction Centre, Level 3, 115 Pitt Street Sydney

Interactive Floorplan:
http://www.open2view.com.au/tour/inline/plan/180435

Details:
Raymond Hung 0419 223 895 or email rhung@raywhitecitysouth.com.au