UNDER CONTRACT

5

Free Standing Investment

160-164 Katoomba Street is a single level, solid brick and iron constructed building of approx 306m2. Comprising of 3 separate shops all solidly tenanted including a national franchise operation..
The tenants pay 100% of the outgoings and the current leases allow for 5% annual reviews allowing the purchaser to achieve around a net 6.1% yield. At the rear of the property, accessed via the side driveway is a further 170m2 of land currently used as car parking with a current DA approval for a car park upgrade.
This is a property investment that should not be ignored.

160-164 Katoomba Street, Katoomba

Free Standing Investment -image 1
Free Standing Investment -image 2
Free Standing Investment -image 3
Free Standing Investment -image 4
Free Standing Investment -image 5
Free Standing Investment -image 6
Free Standing Investment -image 7
Free Standing Investment -image 8
Free Standing Investment -image 9
Free Standing Investment -image 10
Free Standing Investment -image 11
Free Standing Investment -image 12
Free Standing Investment -image 13

UNDER CONTRACT

5

Description
Free Standing Investment

160-164 Katoomba Street is a single level, solid brick and iron constructed building of approx 306m2. Comprising of 3 separate shops all solidly tenanted including a national franchise operation..
The tenants pay 100% of the outgoings and the current leases allow for 5% annual reviews allowing the purchaser to achieve around a net 6.1% yield. At the rear of the property, accessed via the side driveway is a further 170m2 of land currently used as car parking with a current DA approval for a car park upgrade.
This is a property investment that should not be ignored.

Agent Details
Chris Leach

Licenced Commercial Manager

mobile 0418 611 475

office (02) 4782 1888

emailchris@theopoulos.com

Chris Gouw

Commercial Property Officer

mobile 0407 222 765

office (02) 4782 1888

emailchrisg@theopoulos.com

Agency Details
Theo Poulos Real Estate

location

2 Katoomba Street, Katoomba NSW 2780

Key Details
property ID 1500053
available now
land size 476m2
build size 306m2
council rates $5757.24 per Annum
water rates 1313.93 per Annum
Media
Location