This shop is located in the core commercial area of Mascot’s main street, offering a prime location. Positioned just 30 meters east of Mascot train station, it’s incredibly convenient for commuters and shoppers alike. The surrounding area is well-developed, with thousands of residential units nearby and major retail brands such as Woolworths, Domino’s, and Priceline, creating a vibrant commercial atmosphere with a steady flow of foot traffic – an ideal setting for business growth.
The shop features an interior area of 84 sqm and an exterior area of 16 sqm, totaling 100 sqm. Additionally, it comes with two exclusive parking spaces, which is convenient for customers and adds long-term operational value. Complete with a grease trap, ventilation system, and a private restroom, the shop is fully equipped and highly adaptable, suitable for a range of businesses, including restaurants, retail stores, and supermarkets.
The current tenant operates a Japanese restaurant and has signed a 5+5 year lease, ensuring stable rental income.
The current tenant also covers all operating expenses, including strata levies, council rates, water, and electricity, meaning the owner can enjoy net rental income without worrying about outgoing expenses.
Overall, this shop offers remarkable advantages in terms of location, rental income stability, and versatile business potential. Located in the heart of Mascot’s commercial district, this is not only a premium property but also a solid choice for long-term value appreciation.
Council: Approx. $220/Q
Water: Approx. $220/Q
Strata: Approx. $1,060/Q
Property ID: s-26
