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 2024, with an additional one-year option, providing a secure income stream for the foreseeable future.
Rental Income: Enjoy a current rental income of $46,712.00 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 4.7%, 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.