An exceptional opportunity exists to secure this lucrative retail investment with the locally renowned and longstanding Potts Point Liquor & Deli shop tenanted by the highly esteemed Feros Group. This incredible space comprises two combined commercial shops, with a combined internal area of 209sqm and 10m wide street frontage onto the highly popular Macleay Street Village.
The well known interior of the existing shop reveals an expansive open plan space with extensive refrigeration and rear side door access for loading. There is also a large storage area and a separated kitchenette with an additional study/office area.
Capitalise on the exciting gentrification of this prized cosmopolitan area, and enjoy unparalleled street exposure and all-day foot traffic, with some of Sydney's most exclusive new developments commencing, including Omnia (redevelopment of The Crest Hotel by Mercure) and the redevelopment of the entire block where The Bourbon Hotel is currently situated. Commanding attention from all onlookers, this premium retail site is located alongside some of Sydney's celebrated caf�s and restaurants, it's also close to rail and buses and minutes from the city.
- One of Feros Group's many valuable retail sites in a prized location
- Two shops with a 10m frontage and combined area of 209sqm
- Open plan ground floor retail with abundant refrigeration and storage
- Existing longstanding established tenant
- Net income $250,000 per annum
- New 4 year lease with two 4 year options
- Fixed rental growth of 3.5% per annum
- Nothing further to spend, superb designed with a modern fit-out
- Large glass windows allow optimal space for merchandise display
- Tiled floors, air conditioning, video security system and alarm
