Affordable Investment | $26,000 p.a | 800m to Belmore Station | Low Outgoings

Positioned in the heart of Belmore’s Knox Street retail strip, this compact retail premises presents an affordable entry point for investors and business owners in the local market.

Currently operating as a massage studio with a secure tenant, the property returns $26,000 per annum with outgoings that remain among the lowest in the precinct.

A fantastic opportunity for investors looking for a secure return with minimal holding costs or business owners looking to secure an affordable commercial foothold in Belmore now, with the option to occupy at lease end.

Features
– Ground floor space of 45 sqm
– Street-facing shopfront
– Fitted with 3 private treatment rooms
– Kitchenette, bathroom & shower
– Good foot traffic around established local catchment
– No further expenditure required to maintain it’s current use and income

Location
– 900m to Belmore Station and amenities
– Ample bus connections and transport options
– 12 km from the Sydney CBD with direct train access
– Growth benefits from Belmore Metro upgrades and Transit Oriented Development (TOD) program, targeting significant uplift around Belmore Station

Outgoings:
Strata: $160 pq approx.
Council: $427 pq approx.
Water: $211 pq approx.

All precaution has been taken to determine the accuracy of the above information however, all interested parties are to rely on their own inquiries and professional advice.

Property ID: 1409295