Fully leased space operating as cafe. This asset boasts several key investment features:
High exposure retail investment on prominent corner site with 2 street frontages
Building only 6 years old
Leased to a boutique café
Massive glass frontage with exposure to both Bourke and Phillip streets.
North-facing space providing ample natural light.
Income: $90,000 pa + GST (including 3% annual rent increases).
Existing lease to August 2027, with 4-year option.
A total of 146 sqm of space, with a brand-new fit-out and an external outdoor area, plus one valuable car space.
Only 3 km from the Sydney CBD and buses on your doorstep.
Superbly located within walking distance to Coles, Gadigal Avenue's dining scene, Green Square Town Centre, East Village shopping, Danks Street eateries, and the soon-to-arrive Waterloo Metro.
Surrounded by over 8000 new apartment dwellings, with significant additional development earmarked nearby.
Rare opportunity for premium retail/commercial investment in one of Sydney's biggest growth corridors and most vibrant suburbs!
For more information, please contact James Lampropoulos on 0411 170 170.
