FANTASTIC INVESTMENT WITH 7%-8% RETURN

Well established (Laundromat)over 10 years of continuous rental with no vacant periods. Current tenant on an expired lease.

The property is located at the rear of the prestigious Maximilian strata building located on Cheal La, right in the heart of Neutral Bay.

Suit investor or owner occupier, great location around the cosmopolitan café scene, fantastic transport links and an established premise with a proven rental track record.

The property comes with a security parking space and would suit a variety of uses.

Genuine vendor currently returning between 7% and 8% gross.

Ideal super fund investment !

Current rental $1957.05 + $195.70 GST Per calendar month

Approximate Fees:

Council rates $180 P/Q

Water rates $168 P/Q

Strata rates $500 P/Q