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