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Sold on 11 Jul 2019

280-282 Bronte Road Waverley NSW 2024

  • Retail
  • Floor Size137 m²
  • PriceSold

Rare Eastern Suburbs Retail Investment

Located in the heart of Waverley's retail precinct on Bronte Road, this rare freestanding retail investment is located in arguably one of the best positions the street has to offer. This property is tenanted to a longstanding and very established experienced restaurant operator ''Bronte Road Bistro'' who have been trading from this location since 2008, on a new secure long lease until May 2022 with a further 5 year option. It yields a high net rental return of $100,783.00 per annum plus GST.

This impressive retail investment commands attention from the street and caters to indoor and outdoor drinking and dining.

It possesses a comfortable interior layout, with bi-folding doors opening out onto a private courtyard overlooking the street. It has a good sized and functional commercial kitchen along with ample indoor seating. The quality internal fit-out features an abundance of natural light, timber flooring throughout, stone bench tops with a quality kitchen and appliances, while ample refrigeration and glass counter storage provide additional space. Further highlights include a secure car space.

This impressive investment prospect appeals to the competitive retail market and showcases all that the Eastern Suburbs has to offer.

KEY FEATURES:
- Net income $100,783.00 per annum plus GST
- Fixed rental growth of 3% per annum
- Low outgoings (tenant pays all outgoings)
- Comfortable 124 sqm open layout, outdoor seating/ courtyard
- Warm and inviting quality décor, stainless steel finished kitchen, stone benchtops
- Air conditioning, high ceiling, ample storage plus extensive refrigeration
- Valuable secure car space located in the building
- Valuable DA and liquor licence

*Approx

Method of Sale: Auction
Date: 1st August 2019 at 10:30am
Venue: Level 26, 9-13 Castlereagh Street, Sydney

For more information please contact the Exclusive Agent:
Steven Kruyer
Mobile: 0414 404 070.

AUCTION

Auction date and time01/08/2019 10:30
Auction locationIn-Room

Property Highlights

Property ID2015323181
Date Sold11 Jul 2019
Floor Area137 m²
Land AreaAsk Agent
ParkingAsk Agent
Category
Last updated  3 Jul 2019
Map for 280-282 Bronte Road Waverley NSW 2024
LJ Hooker Commercial Sydney |North Sydney
Level 7, 9-13 Castlereagh Street Sydney NSW 2000

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