170 Queen Street, WOOLLAHRA NSW 2025
SOLD FOR ASKING PRICE
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- 22 Sep 2016
EXCLUSIVE INVESTMENT-3 x 3 year lease over whole property, showing $244,375 gross p.a.
Prime Investment property - period building set in a commanding corner position and located between the Queen Street shopping village and Woollahra's most expensive and sought-after residences. Comprising a "state of the art" street front showroom and luxury first floor two bedroom + study, two bathroom apartment. The whole property leased to a high end" existing tenant "The English Tapware Company" with a current rental of $244,375 gross per annum excluding GST on a 3 x 3 year lease. Similar properties in this strip range in price from between $5.5m to $11m, a truly exclusive gilt-edge location.
Inspect by appointment
Contact: John Knott 0413 328 815
Retail showroom, over 120 square metres with lower ground storage & toilet facilities
Luxury First Floor,102 square metre air conditioned 2 bedrm + study, 2 bathrm apartment
Land size 272 square metres
Large rear garden with terrace and parking for 4 cars
Situated on the corner of Kilminster Lane and adjacent Partere Garden
Current rental of $244,375 excluding GST per annum
3 x 3 year lease to existing tenant
Usage: High end architectural bathroom fittings
Tenant Web Details
The English Tapware Company Ltd is a boutique company dedicated to providing the worlds best kitchen & bathroom tapware, fireclay sinks, bathroom accessories, towel warmers and bathroomware to architects, interior designers and everyone who loves their home, web site: www.englishtapware.com.au
The English Tapware Company Ltd imports and distributes the luxurious Perrin & Rowe, Acquello, David Moreland Design, Hawthorn Hill and Healey & Lord brands. The English Tapware Company is also proud to offer our Melbourne and Sydney customers the full range of Armac Martin and Frank Allart hardware and also the Victoria + Albert baths & basins.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
170 Queen Street WOOLLAHRA