Prime Sydney Tenanted Investment Property
Ground Floor Opportunity To Be Part Of The Kings Cross Renaissance
- 259m2 Ground floor corner location including around 40m2 of covered outside dining area on the title.
- $211,733 pa net income (approx) Plus depreciation benefits currently around $28,000 pa
- Long 5 x 5 x 5 year Lease with a demolition clause
- Commercial Commercial Investment Property in a prime location within Kings Cross dining and entertainment precinct.
- Direct street frontage with exposure to Baywater Rd and internal walkway.
- Currently utilised as a restaurant
- Regular shaped allotment configured over six adjoining allotments
- Possible future redevelopment option
With the lockdown laws easing, new proposed developments in the area, new quality dining & Bars, record residential sales and international & interstate travel coming back there are many commentators saying that Kings Cross is coming back as a quality dining, entertainment & international tourist destination.
Contact (exclusive agent) Con Tastzids at CST Properties through the contact form or on (02) 9882 2221 to find out more on how to secure.