2/120-128 MacPherson Street Bronte
Rare Bronte Retail Investment Opportunity, Blue Chip Tenant with 12 Years Remaining
A wonderful investment located in one of Sydney's most iconic Beachside locations, first time offered to the market for sale.
Income: $112,165.92 PA + GST. Outgoings Per Quarter: $2,274.39 approx. Annual CPI rent increases at 3% with Market review in 2025.
Key features of this strategic investment opportunity include:
257m2 of Strata lot comprising of 201m2 internal space & terrace area, 56m2 of Storage/carpark, access via rear lane. Bathroom and kitchen within the lot. Wide double fronted shop approx. 8m wide, located within a thriving community Low maintenance passive investment ideal for self-managed super fund High profile exposure to passing traffic with public transport at doorstep
Rates approximately per quarter: Strata $1,592.41 Council 641.00 Water $160.18
Auction: Thursday, 23rd February 2023 at 10:30am In-Room
Contact: Carl Wilson 0410 668 333.
Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however, we cannot guarantee it. All interested parties should make and rely upon their own inquiries
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Property Information
- Council Rates — $641.00/quarter
- Water Rates — $160.18/quarter
- Strata Admin Fund — $1592.41/quarter
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