9 Civic Centre Arcade Fairfield, 2165 NSW
Hot Investment - CBD Location
An ideal investment for the small investor to yield a good income with secure long-term tenants. Located in the heart of Fairfield C.B.D. and only 200m to the railway station and bus interchange with loads of SECURITY and POTENTIAL . There are 2 shops on the ground floor and a 2 bedroom residence/office on the 1st floor and a lock up garage at the rear. The shops both have been in occupation with the same tenants for many years (Shoe Repairer – 50 years and Hairdresser – 15 years) and will provide you with a secure long-term tenancy. Lease Details: Shoe Repairs – 3 year lease from 12/02/2022 to 12/02/2024 | Rental: $350 per week - $18,200 p.a. Hairdresser – 3 year lease from 15/02/2022 to 15/02/2025 | Rental: $250 per week - $13,000 p.a. 1st Floor unit - 6 month lease expired | Rental $350 per week - $18,200 p.a. Total: $49,400 p.a. Outgoings: - Council: $3,472 p.a. - Water: $984 p.a
Sold $870,000
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Nickolas Dilles
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Ayman Al-Omar