HIGH YIELDING INVESTMENT OPPORTUNITY

SOLD

50-52 Edgecliff Road

Woollahra NSW 2025

Leisure

FOR SALE

714m2

100% Leased to international tenant Stagehuis - Trading as Intern Australia.
2 Sprawling freehold buildings.
Over 28 rooms of accommodation.
3 Street Frontages.
Large land parcel of 714m² approx.
Lease Commencement - 1 October, 2007
Expiry Date - 30 September, 2012
Option 5 years.
Increases - CPI annually and market review at the option.
Current Net Income: $263,379 net p/a (approx.).

On the Eastern side of Edgecliff Road between Adelaide Street and Old South Head Road. Nearby Westfield Shopping Centre and Oxford Street have long enjoyed an enviable reputation as being Sydney's premier retail precincts and offer an enormous range of attraction.

For further information or to arrange an inspection please contact:

Tom Speakman
Tel: (02) 9698 0222
Mob: 0412 891 330
Email: ts@gunningcommercial.com

Daniel Gunning
Tel: (02) 9698 0222
Mob: 0413 051 235
Email: dg@gunningcommercial.com