Rare Telstra Leased Investment
Description
Renewed lease to Telstra Corporation to May 2025+5+5 year options to 2035
Attractive 4% and CPI annual rent increases
Highly visible 94 sqm premises in the vibrant and sought after Randwick shopping strip
Only 70 metres from Royal Randwick Shopping Centre & Woolworths
Council car park is conveniently located at the rear
Outstanding state-of-the-art fit-out by Telstra
One of Sydney’s most tightly held and desirable suburbs with a projected growth of 30,500 people by 2041
Net Income: $85,057 pa* + GST
For Sale by Auction
Tuesday 29 March 10.30am (AEDT)
Yallamundi Rooms, Sydney Opera House
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Randwick, NSW
48 Belmore Road
- Sold Price: Contact Agent
This property was sold as part of Portfolio 151