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16 Earl Place Potts Point NSW 2011

  • Shop & Retail
  • 150 m²
  • For Sale, POA

INNER CITY INVESTMENT - LEASED TO ESTABLISHED FITNESS STUDIO

    16 Earl Place is a well-appointed fitness studio positioned on the ground floor of well-maintained mixed-use building. The premises immaculately presented, having undergone a major ground-up renovation in 2020. With a strong lease in place the space is ideal astute investor looking to capitalise on the current income.

    16 Earl Place has a modern and minimalistic feel, with polished concrete floors and original sandstone walls with a separate inbuilt studio room within the premises which is perfectly designed for fitness operators. The current tenant "The Jam Movement" is a popular cycle studio which has been operating since 2020 and has become an integral part of the Potts Point fabric.

    Whether you are an investor or looking to purchase in your self-managed super fund looking for safe income this investment offers endless opportunity.

    Located amongst the richness and diversity of Potts Point, a suburb with a renowned hospitality precinct and lifestyle flair. Potts Point truly encapsulates Sydney inner city living. The densely populated district has continued to grow over recent years due to its regentrification and upmarket, international feel. The suburb is well-connected and sits just East of the Sydney CBD. Public transport is easily accessible via the train and bus network, and Sydney's Eastern suburbs is a short drive away.

    Capitalise on:

    3 year lease + 2 x 3 year options
    3% annual increases
    Net income: $86,721 per annum
    Approx. Size 150m2

    In conjunction with ZLT Property Group Pty Ltd / License No. 1044957

    Property Code: 2036

    Zorick Toltsan
    Metro Commercial
    Zorick Toltsan
    Metro Commercial

    Property Highlights

    Property ID2017447926
    Floor Area150 m²
    Land Area150 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  27 Nov 2021
    Map for 16 Earl Place Potts Point NSW 2011
    Map for 16 Earl Place Potts Point NSW 201116 Earl Place Potts Point NSW 2011
    Zorick Toltsan
    Metro Commercial
    Zorick Toltsan
    Metro Commercial

    Property Highlights

    Property ID2017447926
    Floor Area150 m²
    Land Area150 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  27 Nov 2021
    Metro Commercial
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    Zorick Toltsan
    Metro Commercial
    Zorick Toltsan
    Metro Commercial
    Zorick Toltsan

    Zorick Toltsan

    Metro Commercial

    0411 *** ***
    0411 227 784

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