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1/10 Davy Street

INVESTMENT OPPORTUNITY
A centrally located unit with main road frontage and ample of street parking. Located in the main commercial/industrial thoroughfare, close to the heart of Mittagong.

- Unit size - 491m2 - consisting of 391m2 ground floor and 100m2 mezzanine
- Expansive warehouse and showroom on ground floor with fully air-conditioned mezzanine.
- Kitchenette and W/C
- Zoning IN2 Light Industrial
- Off-street parking space available
- Rear access with motorised rear roller door
- Currently leased to an established tenant, trading as Choices Flooring.

Viewing by appointment only.

Current gross rent:-
$60,827.88 (excluding GST)

Lessor outgoings:-
Rates: $1,473.01
Strata $1,943.71

Lessor net income:
$57,447.16

Initial lease expires 11 May 2019 with a further option of 5 years.

Suburb Profile

Mittagong

At the gateway into the beautiful Southern Highlands, Mittagong is as picturesque as it is peaceful, home to tranquil vineyards and fine colonial sandstone buildings. Breathe in fresh country air, browse specialty stores, and explore gorgeous gardens and parks. Mittagong is only an 80-minute drive from Sydney and under two hours from Canberra. Alternatively, you...

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Property Information

  • Commercial
  • NSW
  • Southern Highlands
  • MITTAGONG
  • Retail
  • Sold
  • 491 sqm