23 Argyle Street

Camden, NSW, 2570

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** SUCCESSFULLY NEGOTIATED AND SOLD BY MICHAEL ALEXANDER 0413661144 **

Prime freehold site of approximately 409m2, building of approximately 261m2 occupied by two solid long term commercial tenants and also two residential tenants

• Zoned B4 Mixed Use - Camden LEP 2010, this property is currently returning a total of $106,321.52 per annum (or $114,041.67 per annum which includes the GST component of the commercial portion) plus the anchor tenant pays 40% of outgoings
• The anchor tenant has occupied the downstairs street front 84m2 space for approximately 10 years. This unit comprises of a reception area, two meeting rooms, kitchen, air conditioning and offers excellent exposure. This tenant is currently paying $64,217.28 per annum + GST + 40% of outgoings
• Second commercial tenant has also been there for approximately ten years and occupies the entire front 75m2 portion of upstairs (accessed is both at street level & via rear stairs). This unit comprises of a reception foyer, board room, seperate office, kitchenette and air conditioning. This tenant is currently paying $12,984.24 per annum + GST
• Upstairs self contained 37m2 1 bedroom residence comprises of an open plan living area with kitchen, combined bathroom and laundrette and a separate bedroom with plenty of natural light. Current rent $13,780.00 per annum (No GST payable)
• Downstairs self contained 65m2 2 bedroom residence comprises of an open plan living area with kitchen, combined bathroom and laundrette and two separate bedrooms. Current rent $15,340.00 per annum (No GST applicable)
• There are two shared toilets for the commercial tenants, off street parking and also a lock up storage unit

* In the best interest of each and every client, team member and their families, effective Saturday 18th July 2020 every person entering any property with First National Real Estate Collective will have their temperature checked and will be asked to sms the agent with their full names along with those accompanying them including the words “I /we agree to the terms of entry”.
Terms of entry are that you or anyone you’ve been In contact with or lived with in the last 14 days have not presented any flu like symptoms and that you have not visited any of the recently identified Covid-19 hotspots. Photo Identification will be sighted upon entry and the agency will be keeping a log of every person that attends our open homes and private inspections to ensure we are keeping everyone as safe as possible.
As a precaution, we ask that where possible, you keep the number of family or friends accompanying you at any of our inspections to a bare minimum.
We appreciate your understanding.

First National Real Estate Collective believes that all the information contained herein is true and correct to the best of our ability however we encourage all interested parties to carry out their own enquiries