Prime Investment Opportunity in the Iconic Bridal Building of Wetherill Park
3/1267 The Horsley Drive, Wetherill Park NSW 2164
Investment $995,000.00 (No GST)
RetailSize: n/a
Block size: 137 m² approx.
Welcome to an exceptional investment opportunity in the renowned Bridal Building of Wetherill Park. This iconic property presents a rare chance to secure a lucrative investment with a long-term tenant in a highly sought-after location.
Key Features:
Great Long-Term Tenant: Benefit from a reliable and established tenant committed to the space, ensuring stability and consistent rental income.
Lease Details: Currently leased until 7th September 2024, with an additional one-year option, providing a secure income stream for the foreseeable future.
Rental Income: Enjoy a current rental income of $46,712.00 plus 100% of outgoings and GST, offering a strong and consistent return on investment.
Outgoings: Current outgoings amount to approximately $3,740.00, covering strata, council rates, and water rates, ensuring hassle-free management for the investor.
Net Return: With a net return of 4.7%, this property offers an attractive return on investment compared to traditional investment options.
Ample Customer Parking: The property boasts ample customer parking, enhancing convenience for visitors and ensuring accessibility for patrons.
Zoning: Zoned E4, offering flexibility for various commercial uses and potential for future development or expansion opportunities.
Additional Information:
This investment opportunity promises not only financial stability but also the potential for long-term growth and capital appreciation in a prime location. Don't miss out on securing your stake in the Bridal Building of Wetherill Park.
For further details or to arrange a viewing, please contact us today.
Key Features:
Great Long-Term Tenant: Benefit from a reliable and established tenant committed to the space, ensuring stability and consistent rental income.
Lease Details: Currently leased until 7th September 2024, with an additional one-year option, providing a secure income stream for the foreseeable future.
Rental Income: Enjoy a current rental income of $46,712.00 plus 100% of outgoings and GST, offering a strong and consistent return on investment.
Outgoings: Current outgoings amount to approximately $3,740.00, covering strata, council rates, and water rates, ensuring hassle-free management for the investor.
Net Return: With a net return of 4.7%, this property offers an attractive return on investment compared to traditional investment options.
Ample Customer Parking: The property boasts ample customer parking, enhancing convenience for visitors and ensuring accessibility for patrons.
Zoning: Zoned E4, offering flexibility for various commercial uses and potential for future development or expansion opportunities.
Additional Information:
This investment opportunity promises not only financial stability but also the potential for long-term growth and capital appreciation in a prime location. Don't miss out on securing your stake in the Bridal Building of Wetherill Park.
For further details or to arrange a viewing, please contact us today.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Carolina Capolupo to learn more about this property, request an inspection or take an online tour.
Key details
Garage Spaces:
4
Property type:
Retail
Block Size:
137 m²*
Other Details
Lot:
3
Plan Type:
SP
Plan:
65531
Legal description:
3/SP65531
Maps and area information
Block information
Block size: 137m² (approx)
Legal description: 3/SP65531
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
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Property history
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Wetherill Park suburb information
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SummaryMedian sales
Average Age
43 years
Population
6,412
Listing ID: 182505583. This listing has been viewed 0 times. It was first displayed on 08/05/2024 and last updated on 08/05/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.