Share this property

realcommercial.com.au

115 Katoomba Street Katoomba, NSW 2780

Directions

115 Katoomba Street,
Katoomba, NSW 2780

Shops & Retail

Key property information

Floor area

Tenure type

Sold on

Map of 115 Katoomba Street

Directions

Affordable Bank Investment. Renewed 5 + 5 Year Lease.

Affordable freehold bank investment in main street.
Renewed 5 yr. lease to Westpac Group (St George) to Nov 2020 + 5 yr. option.
Extremely well located in heart of Katoomba's main retail precinct.
Next to Bendigo Bank and adjacent to most other major banks.
2 storey building including first floor residence, 100% leased to Westpac.
2 on-site car spaces + rear lane access to Council carpark/Target & Woolworths.
Katoomba is the main commercial centre for the Blue Mountains region.
Annual rental increases, lease requires tenant to pay outgoings.
Easily managed, single tenanted investment.
Net Income: $65,535pa + GST (est. as at Nov 2016).

Katoomba, 2780 demographic data

The median household income for Katoomba is $1,171, 44% lower than Greater Sydney's household income of $2,077. Katoomba has an older age profile compared to the rest of Greater Sydney (median age 48 vs 37). Property ownership data shows 44% of property owners in Katoomba have a mortgage.

8,268
Population
$1,171 per week
Median household income
48 years
Median age
Owners
Most residents
Families
Most households
04174180...
realcommercial.com.au logo
115 Katoomba Street
Katoomba, NSW 2780
CBRE - NSW
Level 21, 363 George Street
SYDNEY, NSW 2000

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.