Residential, Lifestyle And Rural Property
$1,850,000

330 King Street , Mascot

For Sale
Property Type: Retail
Approx 699 Square metres

Prime Retail Investment with Income & Upside 7% NET RETURN ( Fully Leased )

An outstanding opportunity to secure a high-exposure retail investment in the heart of Mascot’s tightly held commercial precinct.
This prominent property offers a total area of approximately 699sqm and comprises two retail shops plus mezzanine, providing immediate income with strong value-add potential.

Property Highlights:

• Two (2) retail shops / One title, plus mezzanine
• Total building area approx. 699sqm ( GROUND FLOOR 372m2 and LEVEL ONE 276m2
• Strata $3738 per qtr
• Prime frontage with excellent exposure
• Flexible configuration suited to investors and owner-occupiers

Tenancy Details:
Shop 1 – Leased (Retail + Mezzanine)
• Securely leased to a supermarket
• Current gross income: $8,225 per month gross
* Lease expire: 29.02.2028 plus 5 year option
* Annual Increase: CPI

Shop 2 – Vacant (Food & Beverage Ready)
• Previously fitted for food and beverage use
• Estimated potential rent: $55,000 per annum

POTENTIAL INCOME AT FULL OCCUPANCY
* $153,696 p.a gross less 15% outgoings $130,643 net p/a
* Net Return 7%
* Rater per SQM: $2647

Investment Highlights:
• Immediate holding income with upside
• Ability to enhance returns through leasing or re-configuration
• Ideal for investors seeking stable cash flow and future growth
• Strategic Mascot location close to Sydney Airport, major arterials, and transport

For further information or to arrange an inspection, please contact the exclusive selling agent.

DOMAIN NSW REAL ESTATE
Alex Tehfe
0410 11 22 22

Location

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