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122 Flinders Street, DARLINGHURST NSW 2010

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$2,700,000

Retail/Shops/Shopping Ctrs/Service Stns, Sales /Showrooms / …
Land size:
410 sq.m
Building size:
410 sq.m
Property ID:
405122

Main content:

Substantial Freehold Investment

The property, formerly The Palace Hotel, is situated at a major intersection enjoying massive exposure from passing traffic on two street frontages. It's an impressive, two level, rendered building currently fit out as a hotel with a valuable hoteliers license attached. Leased to the well known 'Local Taphouse' which is located in Darlinghurst and St Kilda. 
 
- High profile location 
- Secure tenant with experience 
- Valuable hotelier's license to be sold with property 
- Net income $189,000 per annum 
- Lease term 7 + 5 + 5 years 
- Area 410sqm plus roof deck

Summary

Building Area
410 m²
Land Area
410 m²
Occupancy
leased investment

Sale Information

Sale Price
$2,700,000

Lease Information

Rental (p/a)
$2,700,000

More information


Address is approximate.