Charming 2 level sandstone commercial terrace in central Darlinghurst position. Part of a line of sandstone terraces, the subject property is home to Grand Royal Barbers and amongst popular cafes and restaurants on the corner of Liverpool & Victoria Streets. With mixed zoning, it also has future potential as a residential house, along with low ongoing expenses with tenant paying water and electricity.
Highlights
* Leased to Grand Royal Barbers
* Lease expiry July 28. 5 year option
* Zoned MU1. FSR 2.5:1
* Income $58,344 pa. 2% yearly increases
* Long standing and established tenant
* 2 level building with small courtyard
* Total GFA 80sqm inclusive of courtyard
* Abundance of natural light throughout
* Outstanding position next to St Vincents
* Attractive building with secure income