Bvlgari at 64 Castlereagh Street holds prominent yet elegant presence in an area that is home to some of the worlds most recognisable and luxury brands. This property boasts excellent underlying fundamentals of a great retail property investment with the following attributes:
- A prominent ground/street frontage in Sydney CBD a world class city
- Located in high end retail precinct surrounded by the world's most exclusive retail brands
- A blue chip tenant in Bvlgari Australia which is owned by LVMH (Louis Vuitton Moët Hennessy)
- A long lease term with desire to have this further extended
- Net rent of $1,626,211* pa
- A tightly held location with very little turnover in property and limited future supply that will see rents forecasted to grow exponentially
The property will be sold by way of Expressions of Interest closing on Wednesday, 26 August 2015.
*approx