128/85 Reynolds Street
Balmain

Affordable retail investment opportunity

2 car

Building 111m2

SOLD

$525k

Private Treaty

Thu 7 Nov 2019

SOLD

128/85 Reynolds Street
Balmain

Affordable retail investment opportunity

Positioned within a sought-after complex on the Balmain peninsular and located just 4kms from the CBD, these retail/commercial strata premises provide a high yielding investment opportunity.

Comprising two separate tenancies, the area provides 79 square metres of modern retail/commercial space with kitchenette facilities and access to the complex pool and gym facilities. Additionally, two secure car spaces on title are also included.

- Two separate tenancies leased till March 2020 & August 2020

- Gross income total $36,400 approx.

- Bright open plan shop front with large floor to ceiling windows

- Rear access with common area

- Kitchenette facilities and ducted air-conditioning

- Part of large established retail/commercial/residential complex with pool and gym facility access

- Two secure car spaces

Summary of Areas:-

Retail/Commercial: 79 sqm

Carparking: 32 sqm

TOTAL: 111 sqm