49 Perouse Road, Randwick NSW 2031

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Property Details

SOLD PRIOR TO AUCTION
Sale Price: Withheld
Sale Date: 07/08/2015
Sale Type: Sold Prior To Auction

ID: 335360
Building Area: 145

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BLUE CHIP INVESTMENT IN THE HEART OF ‘THE SPOT’

Two storey freehold property situated in the heart of "The Spot' entertainment precinct. Prominent position with maximum exposure to pedestrian trade, bus routes and Ritz cinema complex.

Building comprises of a large shop and a separate 2 bedroom apartment. The newly refurbished shop has outdoor seating and rear lane access to a lock up garage.


- Large retail shop operating as Soul Burger. Long term lease with current
rent $102,523 + GST per annum
- 2 bedroom residential apartment leased for $525 p.w
- Combined gross rental income is $129,800 p.a approximately
- Solid rental returns and strong capital growth
- Prime investment opportunity

Inspect By Appointment Only