Laing and Simmons Commercial have the pleasure to offer for sale by Public Auction 239 Oxford St Darlinghurst this Inner City Freehold property is leased to a proven hospitality operator.
The Property has the following investment highlights:
Land size 93sqm (approx.)
Building area 150sqm (approx.)
Lease term 5 x 5 years Leased to Paski Restaurant and Wine Bar
Net income $89,989 per annum plus GST (as at 1st July 2024)
Zoned Business 3
Liquor license
Rear access via Sturt Street
Strong foot traffic 7 days/nights a week
This location is without question the most iconic entertainment precincts in Sydney brimming with trendy cafes, too-cool-for-school bars and renowned restaurants, so what better place to park your investment dollars.
And when it comes to commercial investments, this one ticks all the boxes.
Top of the list, it's a freehold opportunity home to Paski a thriving dual-level wine bar/restaurant offering solid returns, favourable lease options and plenty of upside growth.
Also moments from the St Vincent's Hospital Precinct, a choice of bus routes and Kings Cross Station (one stop to the Sydney CBD), it's clear why this tourist mecca is such an epicentre of activity 24/7 and perfect place to invest.