Burgess Rawson is pleased to offer 8/62-72 Queen Street, Auburn NSW, for sale via our Investment Portfolio Auction 168.
The property boasts the following investment highlights:
+ Popular restaurant investment in vibrant shopping and dining precinct
+ 5 year lease to 2026 + option to 2031
+ Recognised Nepalese restaurant brand Sambandha with locations in Hurstville, Westmead and Auburn
+ Bright laid back restaurant with dine in & take away options and available on Uber Eats
+ Open for lunch and dinner 7 days, closing 9.30pm nightly and 10pm on Saturday and Sunday
+ 8.75% of the local population within 1.5km were born in Nepal, 10x greater than the NSW state average^
+ Epicentre of the vibrant Auburn shopping and dining precinct
+ Auburn forms an integral part Western Sydney, the fastest growing region in NSW
+ Impressive restaurant fitout featuring al-fresco dining + valuable on title parking
+ Fixed compounding 3% annual rental increases
+ Net Income: $120,204 pa* + GST (as at 1 June 2024)
To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx
^ Gapmaps
