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136-138 Avoca Street
Randwick NSW 2031
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Sold on 23 Jul 2016

136-138 Avoca Street Randwick NSW 2031

  • Shop & Retail
  • Sold

QUALITY INVESTMENT STRATA-TITLED CAFE

Located along the bustling dining strip of Avoca Street, this 108sqm strata-titled caf/restaurant represents an exceptional opportunity for the astute commercial investor, providing exceptional returns, superb growth and scope to make additional improvements. Currently leased to a thriving tenant until 2020, the highly regarded Duck Duck Goose caf, this is a prime opportunity in an increasingly cosmopolitan corner of Sydney's east.

- Prime double frontage of approximately 9m with excellent exposure
- Superb contemporary fitout with high ceilings, full kitchen facilities
- DA approval for an additional storage area/studio in the rear lane
- Leased until Feb 2020 with two options to review each of 5 years
- Rental returns of $87,000 annually plus GST and annual increases
- Solid future prospects - high traffic area, late night trader approved

Property Highlights

Date Sold23 Jul 2016
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2012778571
Category
Last updated  23 Jul 2016
Map for 136-138 Avoca Street Randwick NSW 2031

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Property Highlights

Date Sold23 Jul 2016
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2012778571
Category
Last updated  23 Jul 2016
353 Anzac Parade Kingsford NSW 2032

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