Gunning Real Estate is excited to offer to the market for sale by private treaty this outstanding retail investment, leased to national tenant Thonet.
This property offers the astute investor the opportunity to acquire this retail investment in tightly held Boundary Street. Situated among some of Sydney's top furniture, fabric and textile showrooms, this property benefits from a secure and long term lease to national furniture brand Thonet.
This property features:
- 3 year lease to "Thonet" (with options until 2028)
- Commenced April, 2015
- 110sqm of NLA plus 1 x secure car park
- 4% increase annually
- Net Rent: $80,000 approx.
- 100% outgoings paid for by tenant
For further information, please feel free to contact the agents;