To be Sold Individually
Auction 11am Tuesday 31 July 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney
Renewed 5 year lease to October 2022
Pancakes on the Rocks – trading from this location since 2006
Iconic national restaurant chain first established in 1965
Attractive modern building with ample seating
2,118 sqm land holding next to the new Bunnings
Tenants pay outgoings, as per lease
Rare 4% annual rent increases
Net Income: $187,196 pa + GST
There are 4 premium freehold investments in Northmead to be auctioned including McDonald’s & Service Station, KFC & Pancakes on the Rocks
Northmead, established suburb less than 5km from Parramatta CBD
Just 26km north west of the Sydney CBD
Parramatta – the geographic centre of Sydney
Massive local infrastructure investment to cope with substantial population growth
Local Government Area is home to more than 230,000 people
Gross Regional Product of $25 Billion forecast to hit $30 Billion by 2021
Adjacent to Sydney’s newest Bunnings Warehouse
Brilliant Cumberland Highway exposure to 77,000+ vehicles daily
To be auctioned separately
