Dee Why
Sold
SOLD FOR $300k with Unit17
86 sqms
Key details
Property Type
Offices
Highlights
Entry Level Retail Investment
Net Return Circa 7.76%. Total Net annual passing income $29,488 approx.
Net Return Circa 7.76%. Total Net annual passing income $29,488 approx.
Two fully self-contained side by side suites to be sold in one line as an investment. Lease details are as follows:
Suite 17 is 58 sqm leased for a term of 2 years + 2 years commenced June 2012. Current annual rent is $16,680 + GST Gross. Estimated annual outgoings are $2,260.
Suite 16 is 28 sqm leased for a term of 3 years + 3 years commenced May 2011. Current annual rent is $16,640 + GST Gross. Estimated annual outgoings are $1,572.
Features:
* Self-contained suites
* Each with kitchenette
* Each with WC
* Development has 5 visitor parking spaces
* Good opportunity to get into the commercial property market and enjoy the high yield.
LOCATION:
Situated within a strata development, below residential apartments, next door to KFC in Dee Why's CBD. In close proximity to one of the Northern Beaches busiest bus stops, restaurants, cafes, Dee Why Grand, Australia Post & less than 2 km from Dee Why Beach.
** All areas/measurements are approximations **
Two fully self-contained side by side suites to be sold in one line as an investment. Lease details are as follows:
Suite 17 is 58 sqm leased for a term of 2 years + 2 years commenced June 2012. Current annual rent is $16,680 + GST Gross. Estimated annual outgoings are $2,260.
Suite 16 is 28 sqm leased for a term of 3 years + 3 years commenced May 2011. Current annual rent is $16,640 + GST Gross. Estimated annual outgoings are $1,572.
Features:
* Self-contained suites
* Each with kitchenette
* Each with WC
* Development has 5 visitor parking spaces
* Good opportunity to get into the commercial property market and enjoy the high yield.
LOCATION:
Situated within a strata development, below residential apartments, next door to KFC in Dee Why's CBD. In close proximity to one of the Northern Beaches busiest bus stops, restaurants, cafes, Dee Why Grand, Australia Post & less than 2 km from Dee Why Beach.
** All areas/measurements are approximations **
Contact the agent
Dee Why Neighbourhood Profile
As if having the Northern Beaches most iconic beach – Manly – just around the corner wasn’t enough, Dee Why also boasts its own local stretch of pristine coastline perfect for families to enjoy as part of their day to day life. With cosmopolitan restaurants and retail all around and plenty of fantastic schools to help the local kids thrive, Dee Why is growing every day into the destination along the Northern Sydney coast.
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Understanding the Northern Beaches like the back of our hands allows us to offer impeccable levels of service and elicit
the most favourable sale price (we also know the best local surf breaks, if you’re interested).
the most favourable sale price (we also know the best local surf breaks, if you’re interested).
