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DESCRIPTION:THE ADDRESS BEHIND AN AWARD-WINNING COCKTAIL BAR | FIXED 5% ANN
 UAL RENT GROWTH\nPropertyFox is proud to present Lot 1\, 209 Clarence Stre
 et\, Sydney\, a fully leased investment anchored by The Lobo\, one of the 
 Sydney CBD's most awarded and longest-running cocktail bars.\n\nThe Lobo h
 as traded from this address since 2013 and is a multi-award winning Cockta
 il Bar with several Time Out Awards (including a 5-star rating)\, an indus
 try Rum Bar of the Year title\, with additional coverage from Broadsheet\,
  Good Food\, Gourmet Traveller\, Sitchu and international cocktail bible D
 ifford's Guide. It's run by an established\, multi-venue Sydney hospitalit
 y group with the scale to keep reinvesting in the fitout rather than reloc
 ate.\n\nThe property sits in the middle of YCK Laneways\, Australia's firs
 t Purple Flag-accredited nightlife precinct\, recognised internationally f
 or running a safe\, well-managed night-time economy\, within easy walking 
 distance of Wynyard\, QVB and Town Hall Station (approx. 400m).\n\nKEY FEA
 TURES\n\n- Strata Area: 192 sqm\n- High 5m clearance entrance off Clarence
  Street\, with fancy spiral staircase down to the venue\n- Incredible fito
 ut includes\; lounge area and open-plan bar area\, long bar\, kitchen\, co
 ol room\, four unisex bathroom stalls\, disabled bathroom and office areas
 \n- Additional disabled/lift access points via 350 Kent Street and Council
  Place\n- Long-term lease to The Lobo\, an established\, award-winning ope
 rator with over a decade of trade from this address\n- Positioned in the h
 eart of Sydney's premier cocktail-bar precinct\, among the CBD's longest-r
 unning small bars\n\nFINANCIAL SUMMARY\n\n- Gross Income: $261\,681.87 + G
 ST\n- Outgoings: $34\,892.82 + GST\n- Net Income: $226\,789.05 + GST\n- Le
 ase Term: to 30 April 2030\n- Option Period: a further 5-year option to 20
 35\n- Annual Increases: Fixed 5% plus Market Review at Option (applied to 
 the gross rent\, so it compounds faster than on the lower net rent)\n- Ban
 k Guarantee: 3 months' gross rent\n- Full Make Good requirement on lease e
 xpiry\n\nExpressions of Interest closes Thursday\, 10 December 2026 at 4pm
 .\n\nFor further information or to arrange a private inspection\, contact 
 the exclusive PropertyFox agent\, Lachlan Worthington.\n
DTEND:20261210T160000
DTSTAMP:20261106T013505Z
DTSTART:20261210T160000
SEQUENCE:0
SUMMARY:Expression Of Interest: Suite 1/209 Clarence Street\, Sydney NSW
UID:CRE-2021307149-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>THE ADDRESS BEHIND AN AWARD-WINNING C
 OCKTAIL BAR | FIXED 5% ANNUAL RENT GROWTH <br/> PropertyFox is proud to pr
 esent Lot 1\, 209 Clarence Street\, Sydney\, a fully leased investment anc
 hored by The Lobo\, one of the Sydney CBD's most awarded and longest-runni
 ng cocktail bars. <br/>  <br/> The Lobo has traded from this address since
  2013 and is a multi-award winning Cocktail Bar with several Time Out Awar
 ds (including a 5-star rating)\, an industry Rum Bar of the Year title\, w
 ith additional coverage from Broadsheet\, Good Food\, Gourmet Traveller\, 
 Sitchu and international cocktail bible Difford's Guide. It's run by an es
 tablished\, multi-venue Sydney hospitality group with the scale to keep re
 investing in the fitout rather than relocate. <br/>  <br/> The property si
 ts in the middle of YCK Laneways\, Australia's first Purple Flag-accredite
 d nightlife precinct\, recognised internationally for running a safe\, wel
 l-managed night-time economy\, within easy walking distance of Wynyard\, Q
 VB and Town Hall Station (approx. 400m). <br/>  <br/> KEY FEATURES <br/>  
 <br/> - Strata Area: 192 sqm <br/> - High 5m clearance entrance off Claren
 ce Street\, with fancy spiral staircase down to the venue <br/> - Incredib
 le fitout includes\; lounge area and open-plan bar area\, long bar\, kitch
 en\, cool room\, four unisex bathroom stalls\, disabled bathroom and offic
 e areas <br/> - Additional disabled/lift access points via 350 Kent Street
  and Council Place <br/> - Long-term lease to The Lobo\, an established\, 
 award-winning operator with over a decade of trade from this address <br/>
  - Positioned in the heart of Sydney's premier cocktail-bar precinct\, amo
 ng the CBD's longest-running small bars <br/>  <br/> FINANCIAL SUMMARY <br
 />  <br/> - Gross Income: $261\,681.87 + GST <br/> - Outgoings: $34\,892.8
 2 + GST <br/> - Net Income: $226\,789.05 + GST <br/> - Lease Term: to 30 A
 pril 2030 <br/> - Option Period: a further 5-year option to 2035 <br/> - A
 nnual Increases: Fixed 5% plus Market Review at Option (applied to the gro
 ss rent\, so it compounds faster than on the lower net rent) <br/> - Bank 
 Guarantee: 3 months' gross rent <br/> - Full Make Good requirement on leas
 e expiry <br/>  <br/> Expressions of Interest closes Thursday\, 10 Decembe
 r 2026 at 4pm. <br/>  <br/> For further information or to arrange a privat
 e inspection\, contact the exclusive PropertyFox agent\, Lachlan Worthingt
 on. <br/> </P></body></html>
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