RAY WHITE CITY SOUTH SOLD COMMERCIAL PROPERTY LIST

Retail investment in Sydney’s financial district - SOLD AT $1,080,000

Shop 3/7 Elizabeth Street, Sydney

This ground level retail shop is located on Elizabeth Street close to Chifley Plaza, Martin Place and Parliament House. It is one of the two street fronted shops underneath the 10-storey residential and commercial building completed in 1930. It has a strata area of 49sqm. It is currently leased to a hot food/sandwich takeaway with a 3 + 3 year lease. The existing lease expires in February 2014. The current net rent is $64,896 per annum + GST. In addition to this rent, the tenant is paying outgoings including strata levies, council and water rates.This is an excellent opportunity to own a piece of real estate in the centre of Sydney's financial district with a steady income stream. Approximate outgoings per annum:Council rates: $2,159, Water rates: $680 and Strata levies: $10,720, Land tax: Nil subject to single holding basis, Taxable land value as at 31 Dec 2011 is $ 171,997. Contact:Raymond Hung 0419 223 895 or 02 9289 8908 rhung@raywhitecitysouth.com.au

Pizza Hut retail investment - SOLD AT $985,000

Shops 1&2/450 Elizabeth Street, Surry Hills

This street front shop is located on Elizabeth Street close to Central Station. It comprises of 2 strata titled shops and 2 security carspaces. It has wide glass shop front (about 10M) along Elizabeth Street with a high 3.7M ceiling in part of the shop. Pizza Hut has been occupying this property for many years. They have recently renewed the lease for 5 years till Oct 2016 with an option to renew another 5 years. The current rental is $62,356.56 per annum + GST. In addition, the tenant also pays strata levies (excluding special levies and capital expenses), council rates, water rates and charges. This is an excellent opportunity for investors looking for an affordable street front retail investment with a stable rental income. Outgoings (approx. per annum payable by the tenant) Council rates: $2,227 Water rates and charges: $1,685 Strata levies: $19,520 Contact: Raymond Hung 0419 223 895 or 02 9289 8908 rhung@raywhitecitysouth.com.au

Affordable investment - SOLD AT $630,000

149 Broadway, Ultimo

This 47 sqm strata titled street front shop is part of the Quadrant development constructed by Australand in 2003. It is conveniently located close to Broadway Shopping Centre, UTS and University of Sydney. It is currently leased to a shoe and fashion outlet with an annual rental of $42,000 per annum + GST. The lease expires in Oct 2013 with an option to renew for a further term of 1 yr. Contact: Raymond Hung 0419 223 895.

Main street retail investment - SOLD AT $875,000

Shop 12/555 Elizabeth Street, Surry Hills

This strata shop is located on Elizabeth Street close to Cleveland Street junction. It is surrounded by cafes, eateries and is within walking distance to Central Station. It has a retail area of 118 sqm plus 2 security car spaces and a separate store room on title. This property has two income streams with a total gross annual income of approximately $69,384 + GST. The main shop is occupied by a floorboard retailer since 2005. A new lease of 3 years plus 2 options of 3 years each has just been executed. The rent is $58,000 + GST per annum. Part of the shop front is leased to the Commonwealth Bank to accommodate an automatic teller machine. The rent is about $11,384 per annum + GST. Outgoings (approximate per annum): Strata Levies $ 4,843; Council rates $ 1,410; Water rates $ 715. Contact: Raymond Hung 0419 223 895 or 02 9289 8908 rhung@raywhitecitysouth.com.au

Quality Office Suite Next to Central – 8% Net Return - SOLD AT $625,000

Suite 101/451 Pitt Street, Sydney

- 114sqm on level 1 in the Manning Building - 3 individual rooms, one meeting room and 8 work stations - Reception area, customer waiting area and a kitchenette. - Well partitioned and new quality fitout - One of the highest quality buildings in CBD - Both lift and stair access - Close to Chinatown, Central Station and World Square Shopping Centre. - Vendor leaseback for 2+3+3yrs, with a rental income of $66,850 per year + GST - Vacant possession can be arranged upon request AN OPPORTUNITY NOT TO BE MISSED – 8% NET RETURN!!! Approximate Outgoings: Strata Levies: $2,582.80pq Council Rate: $258.80pq Water Rate: $166.70pq For more information, please contact: Lynn Cheung 0411 148 190 or 02 9289 8920 lynnc@raywhitecitysouth.com.au

Affordable freehold retail investment -

396 Beamish Street, Campsie

This single level freehold property is located on the main street of Campsie with a bus stop literally at its door step. The land area is about 247sqm with a street frontage of about 7 metres. It is currently leased to a pizza and steak restaurant well received by residents in the local and neighbouring suburbs. Current rent is $52,000 per annum + GST. According to the lease, all outgoings including council and water rates, insurance and land tax (if any) are paid by the tenant. Current lease will expire in August 2012, the tenant has 2 options to renew the lease for 2 years each. Annual rent increase is 5%. Outgoings (approx. per annum) Council rates $1,782.20 Water rates $2,135.40 Insurance $5,999.16 Contact: Raymond Hung 0419 223 895 or 9289 8908 rhung@raywhitecitysouth.com.au

Strata investment opposite Central Station - SOLD AT $995,000

Shop 12/849 George Street, Sydney

This strata shop is within the ground level arcade of a residential building located virtually opposite Railway Square/Central Station. It is surrounded by academic institutions including the University of Technology, TAFE NSW, and the University of Notre Dame. Only a short walk to Darling Harbour and Chinatown, this building enjoys exceptional pedestrian traffic all day everyday. The strata area for the shop is 58sqm. It has a separate storage area of 21sqm and one car space on title. This shop is currently leased to Miyama Japanese Noodle Bar for 3 years expiring in December 2012. The tenant has an option to renew for a further 3 years. The current rent is $ 81,342.89 per annum + GST. According to the lease, the tenant pays all outgoings including council rates, water rates and charges and strata levies (excluding special levies). Outgoings (approx per annum paid by tenant) Council rates: $1,934 Water Rates: $1,250 Strata levies: $5,169 Contact: Raymond Hung 0419 223 895 or 9289 8908 rhung@raywhitecitysouth.com.au

Budget freehold investment - SOLD AT AUCTION $456,000

1069 Victoria Road, West Ryde

This single level freehold property is located within the main shopping strip of Victoria Road in West Ryde. The land area is about 193 sqm with on-site parking and rear lane access from Dickson Lane. With a pedestrian crossing in front and opposite Shell petrol station and McDonalds, it enjoys excellent exposure to passing traffic. It's currently leased to Pizza Hut till September 2013. The current rent is $ 34,330.80 per annum and no GST is payable at the moment. According to the lease, the tenant pays for all water rates and charges. Outgoings (approximate per annum) Council rates: $1,720 Water rates and usage: $933 (paid by tenant) Insurance: $1,854 Land Tax: Nil (land value as at 1/7/2010 is $226,000) Contact: Raymond Hung 0419 223 895 or 9289 8908 rhung@raywhitecitysouth.com.au.

Own your piece of retail shop in Balmain -

Shop 143/2 Buchanan Street, Balmain

Surrounded by residential buildings in this popular and fast growing district of Balmain, this is a 33sqm ground level strata-titled shop with 2 security parking spaces. Reverse cycle air conditioned, security alarm, telephone and cable ports, rear access to the courtyard. Currently operating as a laundry shop, the property generates a rental income of $380+GST per week with tenant paying for all outgoings. 3 years lease plus 3 years option with 3% rental increase each year. This shop will offer tremendous potential for both business operators and property investors. Building Area: 33sqm + 2 parking spaces (30sqm) Total Area: 63sqm; Strata Levies: Approx. $405pq; Council Rate: Approx. $160pq; Water Rate: Approx. $136pq Contact: Lynn Cheung 0411 148 190 or 02 9289 8920 lynnc@raywhitecitysouth.com.au

Extra wide shop frontage close to Darling Harbour - SOLD

Shop 121/1-29 Bunn Street, Pyrmont

This strata ground floor shop is located on Murray Street opposite Novotel Sydney on Darling Harbour and Ibis Sydney Darling Harbour. It's just a short walk away from Darling Harbour, Star City Casino, Fish Market and Chinatown. This property has an extra wide street frontage of about 21.2 metres and a retail area of 245 sqm on one level. It also has 3 security car parking spaces and storage area. It's offered for sale subject to vacant possession. This is a great opportunity to establish your retail/display showroom close to the tourist spots and Sydney's CBD. Outgoings (approx. per annum): Strata levies: $9,365.60 + special admin fund of $1,916.67 per quarter payable up to March 2013. Water rates: $650 Council rates: $1,106 Contact: Raymond Hung 0419 223 895 or 9289 8908 rhung@raywhitecitysouth.com.au

Priced for quick sale - 63sqm street shop in Pyrmont -

Shop 120/104 Miller Street, Pyrmont

63sqm street shop is located in the mix of residential and commercial buildings. It is part of Richmont apartment complex, with frontage towards Miller Street, 100 metres from historic Union Square on Harris Street, short stroll to Fish Market, Darling Harbour and the City. The property features internal kitchenette, independent air conditioning and own toilet. Currently leased to a popular hair salon - 5 X 5 years lease with 5% rental increase yearly - Net rent of $39,305 per year + GST (Lessee pays outgoings) - One car space & storage on title This is an excellent opportunity to acquire a street shop in city fringe areas. Building Area: 63sqm + 20sqm parking & storage; Total Area: 83sqm Strata Levies: Approx. $1,453pq; Council Rate: Approx. $144pq; Water Rate: Approx. $162pq; Contact: Lynn Cheung 0411 148 190 or 02 9289 8920 lynnc@raywhitecitysouth.com.au

Affordable investment with steady income stream - SOLD AT $1,180,000

637 Harris Street, Ultimo

This 3-storey terrace is located on Harris Street close to Darling Harbour, Sydney TAFE and UTS. The ground level is leased to a café/bakery till 27 September 2014, the tenant has an option to renew the lease for a further 5 years. The current rent is $850 per week + GST, it will be increased to $1,000 per week + GST from 28 September 2011 and subsequent annual rent increase will be subject to CPI adjustment. The upstairs residence has 4 bedrooms and is currently rented out for approximately $650 per week on a month to month basis. The land area for the property is 123 sqm with a width of about 6M facing Harris Street. Statutory outgoings (approximate per annum) Council rates: $1,718 Water rates: $728 (excluding water usage, trade waste & grease trap charges paid by tenant) Land Tax: Nil subject to single holding basis on a taxable land value of $360,000 as at 31 December 2009. Contact: Raymond Hung 0419 223 895 or 02 9289 8908 rhung@raywhitecitysouth.com.au

Retail investment next door to Chatswood Chase Shopping Centre - SOLD AT $1,000,000

Shop 10/369 Victoria Avenue, Chatswood

This strata shop is located on the ground level of Victoria Plaza right next to Chatswood Chase Shopping Centre. Being situated in the hub of Chatswood's busy retail precinct, the Plaza attracts significant pedestrian traffic all day long 7 days a week. The subject property is currently leased to a well known Japanese restaurant, Takeru. Other businesses occupying this 3-level shopping arcade include an Asian supermarket, restaurants, caf, a medical practice and fruit market. This strata shop has 111 sqm on title fetching a rental income of $73,117 pa + GST. The current 5-year lease will expire in July 2012 and the tenant has an option to renew the lease for a further 5 years. According to the lease, the tenant pays for water rates and usage charges. Rent increases by 4% annually. Outgoings (approx. per annum) Council rates $3,100 Strata levies $15,059 Land tax: Nil subject to single holding basis on a taxable land value of 274,540 as at 1 July 2009. Water rates $654 (paid by tenant) Contact: Raymond Hung 0419 223 895 or 9289 8908 rhung@raywhitecitysouth.com.au

Ground level street front retail shop in Chinatown Shopping Centre - SOLD AT $898,000

Shop QG 14/8 Quay Street, Ultimo

This 38 sqm street front shop is located on the Quay Street level of Prince Centre close to Paddy's Market, University of Technology and Central Station. It's currently leased to a Chinese noodle restaurant/takeaway with an annual rental of $ 45,988 + GST. According to the lease, the tenant pays for all outgoings and there's an annual CPI increase. The current lease expires on 10 May 2012. This strata shop is for sale together with a security carspace located on basement level 1. The carspace is currently leased out till 7/10/2010 with an annual rent of 3,600 + GST. Outgoings (approx. per annum) QG14 (paid by tenant): Council rates $1,462 Strata levies $6,775 Water charges and usage $ 3,062 Grease trap and exhaust maintenance $1,422 Carspace lot 88 (paid by owner) Council rates: $590 Strata levies: $713 Land tax: Nil (subject to single holding basis on a taxable land value of 129,530 for both the shop and the carspace) Contact: Raymond Hung 0419 223 895 or email rhung@raywhitecitysouth.com.au

Prime freehold retail investment with George Streetfront - SOLD AT AUCTION $4,600,000

750 George Street, Sydney

Formerly known as the "English's Chamber", this heritage listed building is prominently located in Haymarket close to Capitol Theatre, Chinatown and Central Station. With its prime George Street frontage, it enjoys excellent exposure to both busy pedestrian and car traffic all day 7 days a week. It has 6 levels of retail and commercial space (including basement and mezzanine) and has one lift. There is a fire staircase connecting all levels to the rear exit onto Parker Lane whilst the basement has its own rear exit. All levels with the exception of level 1 are currently leased out. Subject to fully leased, the total annual gross rent will be approximately $300,000 + GST. Statutory outgoings (Approx. per annum) Council rates: $9,510 Water rates: $2,091 Land tax: $13,247* *Subject to single holding basis and taxable land value of $ 1,197,667 as at Dec 2009 Raymond Hung 0419 223 895 or email to rhung@raywhitecitysouth.com.au

Prominent Exposure with excellent rental return - SOLD AT $1,780,000

Shop 1/100-104 Parramatta Road, Stanmore

This strata retail shop occupies the whole ground level of a commercial building within the home improvement/furniture precinct on Parramatta Road in Stanmore. It has 508 sqm of ground level retail space, 10 security car spaces and a separate loading dock on title. It is currently leased to The Comfort Shop, a renowned furniture company with 4 stores in Sydney and Melbourne. A new 3 + 3 year lease was drawn with the current tenant effective from 1 July 2009. The rent is about $156,831.93 pa + GST which will be increased by 3 % every year. Details: Raymond Hung 0419 223 895 or email rhung@raywhitecitysouth.com.au

Prime Retail Investment - SOLD AT $1,320,000

Shop 1/263 Clarence St, Sydney

This ground level retail shop is conveniently located in the heart of Sydney's CBD close to Town Hall and Queen Victoria Building. Total strata area is 150 sqm including a covered forecourt for alfresco dining. It is currently leased to a well-established cafa/restaurant on a 5-year lease expiring October 2012. Annual rent increase is 4% and the lessee pays for the increase in outgoings from the base year of June 2004. The current gross rent is $116,779.70 per annum + GST. After deducting all outgoings, the net rental income is approximately $95,960 per annum + GST. This is an excellent opportunity to own this CBD ground level retail investment with street front exposure and steady rental income. Outgoings per annum (approx): Strata Levies: $30,326.52 Council Rates: $2,159.16 Water Rates: $909.40 Contact: Raymond Hung 0419 223 895 or email rhung@raywhitecitysouth.com.au

Affordable CBD Retail Investment - SOLD AT $1,000,000

Secured Retail Investment in Bondi Junction

Located close to Bondi Junction bus interchange, Oxford Street Mall and Westfield Bondi Junction, this double storey retail shop is well positioned along the shopping and entertainment strip of Oxford Street. It has a strata area of 80 sqm over 2 levels plus 2 security car spaces on title. It is currently leased to a Japanese restaurant/takeaway with a gross rent of $68,850.55 pa + GST. The lease is for 5 years ending 31 March 2015. The tenant has an option to renew the lease for a further 5 years. Outgoings (approx. per annum) Strata levies $3,548 Council rates $1,252 Water rates $ 644 Contact: Raymond Hung 0419 223 895 or 02 9289 8908 rhung@raywhitecitysouth.com.au

Affordable CBD Retail Investment - SOLD AT $420,000

Shop H15/7-13 Hunter Street, Sydney

This strata retail shop is located on the Hunter Street level of the Hunter Connection, a shopping arcade connecting the Wynyard Station to Pitt, George & Hunter Streets. It enjoys busy pedestrian traffic during weekdays. It is 23 sqm in size and is currently leased to a ladies fashion boutique. The current lease will expire on 30 June 2010 and the current rental is about $39,370 pa + GST. Outgoings (approx. per annum) Strata levies: $10,999 Water rates & charges: $653 Council rates: $576 Contact: Raymond Hung 0419 223 895 or 9289 8908 rhung@raywhitecitysouth.com.au

Freehold Retail Investment - SOLD AT $1,910,000

433-435 Elizabeth Street, Surry Hills

This 2 storey building is located on busy Elizabeth Street close to the corner of Devonshire Street behind Central Station. It has about 9 metres street frontage on Elizabeth Street enjoying excellent exposure to pedestrian & vehicular traffic. It is currently leased to a licensed Korean restaurant which has agreed to renew the lease for 4 years from 15 June 2009. The net rent is about $130,000 per annum plus GST. All outgoings are paid by the tenant. The lease allows annual CPI adjustment. The land area is about 196 sqm and it has rear lane access from Beattie Lane. Details: Raymond Hung 0419 223 895 or email rhung@raywhitecitysouth.com.au

Prime Retail Investment - SOLD AT $3,800,000

328-328A Oxford Street, Paddington

328 Oxford Street is centrally located in the heart of Sydney’s art gallery and fashion designers retail centre. It is also close to the very popular Paddington Market drawing crowds to the area every weekend. The property is a freehold 2- storey retail/commercial terrace sitting directly opposite Westpac Bank. Traffic lights and pedestrian crossing are just a few steps away enjoying excellent exposure. This property is fully let to 2 well-established businesses, a bakery & ladies fashion outlet. The net rent is about $265,400 per annum + GST. According to the leases, all statutory outgoings and insurance premium are paid by the tenants. The land area is about 158 sqm with about 6.8M frontage to Oxford Street. Statutory outgoings per annum (approx.): Council Rates $ 5,105.60 Water Rates & Charges $ 2,053.80 Land Tax $ 16,654.65 Raymond Hung 0419 223 895 or 02 9289 8908 rhung@raywhitecitysouth.com.au

Retail/commercial terrace investment - SOLD AT AUCTION $848,000

602 Harris St, Ultimo

You cannot miss the eye-catching glass shop front of this immaculate 2-storey federation terrace on Harris Street. It also comes with access and parking for two cars at rear. The land area is about 94 sqm. The property is currently leased to a hair & beauty salon till May 2010. The tenant has option to renew the lease for 3 years. Current rent is approximately $33,746 per annum + GST. The property is conveniently located close to Darling Harbour, ABC Ultimo Centre & University of Technology Sydney and TAFE. Central Station & Chinatown is only a short walk away. This is an excellent opportunity to acquire a freehold terrace with car parking facilities in the city fringe. Outgoings per annum: Council Rates: $2,532 Water Rates & charges: $1,248 (payable by tenant) Land Tax: N/A on single holding basis as current land value is $280,000 Car Park Levy: $4,000 Insurance: $2,526 Raymond Hung 0419 223 895 or rhung@raywhitecitysouth.com.au

PRIME RETAIL INVESTMENT - SOLD AT $1,950,000

287 Church St, Parramatta

This 2-storey retail property is located on the main restaurant & entertainment strip of Church Street in Parramatta close to the corner of Church & Phillip St. The land area is about 100 sqm. It’s currently leased to Chocolateria San Churro with a net rental income of $75,000 per annum + GST. The lease is for 5 years expiring in Jan 2014 with an option to renew for a further 5 years. Contact: Raymond Hung 0419 223 895 or email rhung@raywhitecitysouth.com.au

Freehold retail premises opposite Ashfield Station - SOLD AT $1,080,000

6-6A Hercules St, Ashfield

This 2 storey freehold property is located on Hercules Street directly opposite the entrance to Ashfield train station. Positioned close to the traffic lights at the corner of Hercules and Brown Streets, the shop enjoys excellent exposure to commuters day and night. The property is sitting on 133 sqm of level ground with rear lane access and parking on site. There are two tenants: a fruit shop occupies the ground level paying a gross rent of $57,251.50 per annum (GST inclusive) with lease expiring April 2010. The upper level is leased to a real estate agency with an apportioned rent of $4,559.40 per annum (GST inclusive) and lease expiring September 2012. This property suits investors looking for affordable retail investment as well as owner operators looking for a prime retail shop with high pedestrian flow. Outgoings (approximate): Council Rates: $4,553.41 pa Water Rates: $976 pa Land Tax: $6,644 pa Insurance: $2,555 pa Raymond Hung 0419 223 895 or email rhung@raywhitecitysouth.com.au

One Retail Investment with 2 Incomes - SOLD AT $850,000

Lots 2 & 3/5 Hunter St, Sydney

This strata retail shop is located at one of the exits from Wynyard station enjoying high volume pedestrian traffic during weekdays. The property occupies a 7.66 metre wide shop front along the pedestrian walkway connecting Hunter Connection & Wynyard train station. It is made up of 2 strata lots with a total of 58 sqm. The retail space is leased to a manicure and beauty salon, current lease expiring November 2013 with another 5-year option. Part of the shop front is leased to Westpac Bank to accommodate an automated teller machine, generating a second income. Current lease expires December 2011 to be renewed to 2016 subject to execution of new lease. The current total gross income is about $75,000 + GST and will be adjusted to $ 77,962 in December 2009. Outgoings (approx per annum): Strata Levies: $ 11,438 Council Rates: $ 1,687 Water Rates: $1,262 Contact: Raymond Hung 0419 223 895

Prime strata retail investment - SOLD AT AUCTION $1,115,000

B10/7-13 Hunter St, Sydney

This 96 sqm strata retail shop in Hunter Connection occupies a very prominent position next to the elevator. Leased to a popular Malaysian restaurant with a 5-year lease expiring December 2012 and another 5-year option to renew. Current rental is $129,792 per annum + GST with 4% annual increase. Hunter Connection is one of the most popular breakfast & lunch venues frequented by city workers. It also serves as a thoroughfare connecting Wynyard train station to various office buildings on Pitt, Hunter & George Streets. This is a fantastic opportunity to own a piece of CBD retail investment with high pedestrian traffic flow. Outgoings (approx. per annum) Strata Levies $ 46,782.20 Council Rates $ 2,278.00 Water Rates $ 1,860.60 Raymond Hung 0419 223 895 or email rhung@raywhitecitysouth.com.au

Street front shop with net rental return of 7% - SOLD AT $380,000

Shop 3/131-133 Goulburn St, Sydney

This strata titled shop is located on the ground level of Sydney Mansion, a residential building converted from the historic Mark Foy Warehouse just off Wentworth Avenue. It's right at the corner of Goulburn and Commonwealth Streets with excellent exposure. The strata area is 50 sqm which is now leased to Halfsleeve, a fashion boutique with a term of 3 + 3 years on a net rental of $27,300 per annum + GST, the tenantl pays all outgoings in addition to this rental. Outgoings: Strata Levies $692.21 per qtr Water Rates $152.05 per qtr Council Rates $139.20 per qtr. Contact: Raymond Hung 0419 223 895 or rhung@raywhitecitysouth.com.au

Prime retail investments - SOLD AT $2,800,000

251 King St, Newtown

Located just a few shops away from Franklins Supermarket & Dendy Cinemas, this 3 storey building is right in centre of the retail & entertainment strip of Newtown. The land area is about 190 sqm. The total net rental income is about $177,000 per annum + GST. The rear section of the ground level has just been leased to a bicycle shop with a rent of $26,000 gross pa (GST inclusive) making the net rental income of the whole property about $200,600 per annum + GST. Details: Raymond Hung 0419 223 895 or email rhung@raywhitecitysouth.com.au

Excellent CBD retail investment - SOLD AT $2,000,000

Shop G01/99 Bathurst St,Sydney

This strata shop is located on the ground level of the Sovereign Centre opposite Town Hall. Positioned just off the corner of George & Bathurst Streets, it enjoys excellent pedestrian traffic along Bathurst Street. Regents Place & Lumiere Apartments, the newly completed luxury residential development is right next to this property. This shop is leased to a popular Korean café chain--- Tom N Toms for 5 years expiring on 4 January 2014. The tenant has an option to renew the lease for a further 5 years. Rent review is a 5% increase per annum & market review at option. The current rent is $160,000 per annum gross + GST. The tenant pays for 50% of the outgoings including council and water rates, strata levies, insurance & land tax. The strata area is 130 sqm and there are male and female toilets inside the property. Estimated outgoings per annum (approx) Council rates $ 2,904.70 Water rates $ 612.80 Strata levies $ 29,638.20 As the land value for this strata lot is $ 242,285, there is no land tax payable subject to single holding basis. Details: Raymond Hung 0419 223 895 or email rhung@raywhitecitysouth.com.au

7% Net Rental Return - SOLD AT $480,000

Shop B8/7-13 Hunter St, Sydney

Currently leased to a café operator on a rental of $52,328 per annum + GST, this 31 sqm strata retail shop is located inside the Hunter Connection on the same level as Wynyard train station. The lease will expire on 15 September 2011 plus a 5 years option. The net income after outgoings is about $36,376.50 per annum. Outgoings per quarter: Strata levies Administration fund $2,869.75 Sinking fund $833.25 Water rates $134.70 Council rates $150.20 Details: Raymond Hung 0419 223 895 or email to rhung@raywhitecitysouth.com.au