1/12 Northview Terrace

Figtree NSW 2525

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› 1/12 Northview Terrace, Figtree NSW 2525

Sold on 19 Sep 2024

1/12 Northview Terrace Figtree NSW 2525

Other
185 m²
Sold, $1,520,000

Long Lease to Child Care Centre - Investment Opportunity

* Unique opportunity to secure this ideal Investment Opportunity.
* Approximately 185 sqm of Ground Floor Strata Commercial Space.
* Little People's Current Lease from 1/07/2024 to 30/06/2039 with a 3 x 10 year options.
* Nett Rental Income $95,000 + GST + OUTGOINGS
* Potential Yield 6.5% - 6.1%
* Child care center approved for 18 month olds - 6 years olds.
* Includes 6 off street car spaces and rear yard.
* Excellent Commercial Strata Investment

Recent Comparable Sale:
7 Gibsons Rd, Figtree
15 Year Lease to Little People's - expiry in 2039
Currently returning $75,000 + GST Net Rent
4.9% Rental Yield
Sold 16th July 2024 - $1,520,000

WHK Commercial

323 Keira Street

Wollongong, NSW 2500

Property Highlights

Date Sold	19 Sep 2024
Sold Price	$1,520,000
Floor Area	185 m²
Land Area	Ask Agent
Parking	6 x Onsite parkings
Property ID	2019334971
Category	Other
Last updated	20 Sep 2024

Map for 1/12 Northview Terrace Figtree NSW 2525

WHK Commercial

323 Keira Street

Wollongong, NSW 2500

Property Highlights

Date Sold	19 Sep 2024
Sold Price	$1,520,000
Floor Area	185 m²
Land Area	Ask Agent
Parking	6 x Onsite parkings
Property ID	2019334971
Category	Other
Last updated	20 Sep 2024

Co-Agents

WHK Commercial

WHK Commercial

More about 1/12 Northview Terrace Figtree NSW 2525

1/12 Northview Terrace Figtree NSW 2525 is categorized as Other Property. It has a floor area of 185 m². There are 6 x onsite parkings.The listing ID for this property is 2019334971.

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