Welcome to an exceptional investment opportunity in the renowned Bridal Building of Wetherill Park. This iconic property presents a rare chance to secure a lucrative investment with a long-term tenant in a highly sought-after location. Key Features: Great Long-Term Tenant: Benefit from a reliable and established tenant committed to the space, ensuring stability and consistent rental income. Lease Details: Currently leased until 7th September 2026, with an additional one-year option, providing a secure income stream for the foreseeable future. Rental Income: Enjoy a current rental income of $48,259.00 plus 100% of outgoings and GST, offering a strong and consistent return on investment. Outgoings: Current outgoings amount to approximately $3,740.00, covering strata, council rates, and water rates, ensuring hassle-free management for the investor. Net Return: With a net return of 4.85%, this property offers an attractive return on investment compared to traditional investment options. Ample Customer Parking: The property boasts ample customer parking, enhancing convenience for visitors and ensuring accessibility for patrons. Zoning: Zoned E4, offering flexibility for various commercial uses and potential for future development or expansion opportunities. Additional Information: This investment opportunity promises not only financial stability but also the potential for long-term growth and capital appreciation in a prime location. Don't miss out on securing your stake in the Bridal Building of Wetherill Park. For further details or to arrange a viewing, please contact us today.
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Propriedade ID: 504554112