423 Cleveland St, Redfern

• Approx 113 Square metres

Ideal Investment I Prime Commercial Freehold

This listing has been archived and is displayed for archive purposes only

Located on the bustling Cleveland Street, interconnecting from the City to the Eastern Suburbs, this prime two storey commercial freehold property offers an outstanding investment on the City fringe.

Featuring:

* Building area approx. 250m2, land size approx. 113m2
* Existing tenancy consists of ground floor commercial shop, currently operating as a restaurant
* Plus 3 separate tenancies upstairs consisting of 2 x studio units + 1 x 2 bedroom unit (currently one studio unit is vacant, previously leased at $280/week)
* Rear lane access
* Income of approx. $100,620 per annum if fully occupied
* Commercial tenancy pays 60% of outgoings

Property of this calibre is rarely offerred to the market, all reasonable offers are invited and submitted to the owner.

Please contact the exclusive agents for further details.

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