Double Car space adjacent to Sydney Airport leased to Park N Fly on a long term lease, offering a purchaser a secure investment.

Currently the car space is leased at:

Lot 269 – 1 double space with annual gross income: $8773.44

The car space lease consists of:

– Leased to Park N Fly from 3/9/2014 with 3 five-year options.
– Annual 3% increases pushing to 4% with the renewal of the option in 2019.

The car park is a 9 level car park built in 1999 and has 24 hour security and 8 allocated wash bays.

https://www.parknfly.com.au