Shop 3/113 Cronulla Street

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Property Features

Property ID: 3432139

Council Rates
$3230 per year
Water Rates
$581 per year
Strata Levy
$10002 per year

Prime Shop Location

Strata premises in a prime location in the main pedestrian strip of Cronulla Street and Cronulla Mall. The shop features over 5 metres wide of shop front and own staff amenities and is situated on the western side on Cronulla Street within minutes of the beach, train station and public car park - to be sold subject to existing tenancy. This is an opportunity to own your own piece of Cronulla Retail- these opportunities do not come around twice!

Lease Term - five (5) years
Expiry - 30th June 2021
Option - five (5) years (not yet exercised)
Gross Rent - $97,344.00 plus GST
Net return - $79,028.65
Increases - 4% annually
Area - 84sqm
Outgoings - $18,315.35 (approximately)