Shop 1, 62 Avenue Road,
Mosman, NSW 2088
Shops & Retail
Price information
Sold
$1,185,000
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Map of Shop 1, 62 Avenue Road
STRATA INVESTMENT IN MOSMAN
With a fresh 10 + 5 + 5 lease, Crane's Pharmacy is being offered for sale as a prime retail strata investment.
Recently separated from the first floor residence, the ground floor strata shop makes a perfect investment that could be added to a private portfolio or SMSF, with its long term lease.
Having been a chemist in this building for over 40 years, this is the first time that the shop is being offered for sale separately.
Gross income $69,421.63 + GST with annual CPI increases and regular market rent reviews.
The shop has been fully refurbished with a new fire rated ceiling to comply with the Building Code of Australia.
The first floor is on a separate title with all common expenses being shared 50/50 between the two lots.
The Strata Manager is finalising the Budgets for the Administration and Sinking Funds.
Call or email for a copy of the Information Memorandum.
Inspections strictly by appointment only.
Recently separated from the first floor residence, the ground floor strata shop makes a perfect investment that could be added to a private portfolio or SMSF, with its long term lease.
Having been a chemist in this building for over 40 years, this is the first time that the shop is being offered for sale separately.
Gross income $69,421.63 + GST with annual CPI increases and regular market rent reviews.
The shop has been fully refurbished with a new fire rated ceiling to comply with the Building Code of Australia.
The first floor is on a separate title with all common expenses being shared 50/50 between the two lots.
The Strata Manager is finalising the Budgets for the Administration and Sinking Funds.
Call or email for a copy of the Information Memorandum.
Inspections strictly by appointment only.
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Property ID: 501589817Last Updated: 21 Dec 2016
04185230...
Shop 1, 62 Avenue Road
Mosman, NSW 2088
Richardson & Wrench - North Sydney66 Berry Street
NORTH SYDNEY, NSW 2060
NORTH SYDNEY, NSW 2060
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