1008 Botany Road, Mascot

Buy a strata titled secure car space before prices go up! Sydney Airport is back and the Park & Fly business is soaring! Sydney Airport, Australia's busiest airport, is booming with travel expected to return bigger than ever. A selection of single and double car spaces. Leased to Park N Fly under a robust, long-term agreement, presenting an enticing and secure investment prospect. Park N Fly is renowned for its dependable and secure parking services, catering to travellers year-round, offering seamless access to Sydney Airport. Their commitment extends to providing complimentary shuttle services for the convenience of their patrons. Benefits: - Profit From Growth - Sydney Airport Location - No Management Fee - 8 allocated car washing bays - Park N Fly pay all expense except strata levies and council rates - Secured and patrolled, well-lit with 24-hour security With this lucrative lease agreement in effect, the purchaser can look forward to a consistent and reliable income source. Each owner will share in the profits of the car parking operation, which are paid quarterly. Great way to enter the Sydney property market or add to your existing portfolio. Income for single car spaces 2024 was $1,423 for 12 months Outgoings for a single car space: Council Rates: $173/Q Strata Fees: $76/Q Income for double car spaces in 2024 was $2886 for 12 months Council Rates: $196/Q ($784 PA) Strata Fees: $140/Q ($560 PA) Net return for a double car space based on 2024 income $1,542 features Lift Installed