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49 Willoughby Road
Crows Nest NSW 2065
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Sold on 2 May 2023

49 Willoughby Road Crows Nest NSW 2065

  • Shop & Retail
  • 353 m²
  • Sold

Nationally Tenanted Mixed-Use Freehold - Premium Sydney Lower North Shore

    Burgess Rawson is pleased to offer to the market 49 Willoughby Road, Crows Nest NSW for sale via our Investment Portfolio Auction 160.

    The property has the following investment highlights:

    + New 5 year lease to December 2027 plus options to 2037
    + Kickin'Inn*: successful national seafood restaurant chain with 15 locations nationally & growing and an impressive Google review rating of 4.9 stars with over 400+ reviews**
    + Favourable rent reviews to the greater of CPI or fixed 3.5% annually
    + Highly desirable mixed-use Commercial and Residential freehold investment on Willoughby Road with exclusive alfresco dining
    + Strategically located within Crows Nest's core retail and commercial precinct directly next door to QE Stores amongst national retailers including Chemist Warehouse, BWS and Coles
    + Crows Nest: affluent Lower North Shore suburb of Sydney, 5km*** from the CBD with a median house price of $2.7million**** and a high-density population catchment of 118,000+ within a 3km radius*****
    + Crows Nest is centered on the junction of five main roads providing connectivity to the greater Sydney regions
    + Net Income: $220,310 pa + GST

    To be sold by Investment Portfolio Auction
    10:30am AEDT Tuesday 9 May 2023
    Yallamundi Rooms, Sydney Opera House

    Please contact the exclusively appointed Burgess Rawson team for more information.

    * www.kickininn.com.au
    ** www.google.com.au
    *** Approximately
    **** www.yourinvestmentpropertymag.com.au
    ***** gapmaps.com

    AUCTION

    Auction date and time09/05/2023 10:30
    Auction locationYallamundi Rooms, Sydney Opera House

    Property Highlights

    Date Sold2 May 2023
    Floor Area353 m²
    Land Area165 m²
    ParkingAsk Agent
    Property ID2018473225
    Category
    Last updated  10 May 2023
    Map for 49 Willoughby Road Crows Nest NSW 2065

    Nearest transport* to 49 Willoughby Road Crows Nest NSW 2065

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    Property Highlights

    Date Sold2 May 2023
    Floor Area353 m²
    Land Area165 m²
    ParkingAsk Agent
    Property ID2018473225
    Category
    Last updated  10 May 2023
    Level 11.02, 9 Castlereagh Street Sydney NSW 2000

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