722-724 New South Head Road ROSE BAY, NSW 2029

Excellent opportunity to acquire a secure investment freehold property with AAA tenant located in prime harbour side Eastern Suburbs shopping strip

• Lease term 2017 plus 5 x 5 years options
• Current Net Rental Return $324,748.80 per annum + GST
• Site area 481sqm approx
• Rear street access to parking for 3 cars from Collins Avenue
• Currently one level modern building
• Future development potential Zoned 3A Business General

OUTGOINGS (Payable by lessee)
Council Rates: $1,831.24pq
Water Rates: $321.40pq
Land Tax: $26,148.00pa

*Agents Interest