Lot 290/1008 Botany Road Mascot NSW 2020

This secure 13.554 sqm carspace is situated in close proximity to Sydney Airport, currently leased to Park N Fly under a long-term agreement, making it an attractive and secure investment opportunity.

Park N Fly offers reliable and secure parking services throughout the year for travellers to and from Sydney Airport. They also provide complimentary shuttle services to their customers. With this lease agreement in place, the purchaser can benefit from a stable income stream.

Income 2024 was $1,423 for 12 months

Outgoings:
Council Rates: $173/Q
Strata Fees: $76/Q

Each owner will share in the profits of the car parking operation, which are paid quarterly. Currently Point Parking trading as Park and Fly operate it under a profit share agreement.

For more details, kindly reach out to
Gavin Sanna on 0412 324 224.

Disclaimer: We have in preparing this document, used our best endeavours to ensure that all the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements contained in this document.