Situated in the popular Five-Ways busy junction on Balaclava Road, midway between Eastwood and Macquarie Shopping Centre. This shop offers great exposure and is currently leased with Pizza Hut. A fantastic investment opportunity to own this retail shop with established tenant, plus a separated upstairs two-bedroom unit with access from parking at rear.
Land Size: Approx 265 sqm on title
Zone: B1 Neighbourhood Centre
Pizza Hut: Lease until 31-3-2017 (Plus 5-year Option), Current rent approx. $51,600.00 p.a (Plus GST)
2-Bedroom Unit: Renting at approx. $17,000 p.a (No GST)
Council Rates: $2,446 p.a approx.
Water Rates: $696 p.a approx. + water usage