We are pleased to present Shops 1, 2 & 3, 3 Harris Street, Pyrmont for Sale by Private Treaty.
Perfectly positioned with a due north aspect on the edge of Sydney's beautiful Harbour in the vibrant urban village of Pyrmont, this premises offers an outstanding opportunity for the astute investor. The property commands an extraordinary waterfront position with an unprecedented and dominating 36 metres* of frontage to Jackson's Landing boardwalk.
The premises incorporates a total internal area of 422 sqm* and an additional 300 sqm* of outdoor terrace seating plus loading dock. Shop 1 is occupied by long standing and successful cafe operator Zebra Lounge, and Shops 2 & 3 is occupied by the leading hospitality school The Quality Training & Hospitality College.
The property offers exceptional presence in an extraordinary location, directly on the harbour front at the most northerly tip of the Pyrmont Peninsula and directly opposite the White Bay Cruise Terminal.
The property offers an income stream from the two tenancies with current net rent of $416,811.+ GST per annum*.
Property Highlights:
• Two successful and long standing tenants • Net lettable area of 422 sqm* • External outdoor terrace of 300 sqm* • Loading Dock • Grease Trap • Exhaust • Prominent 36 metre* frontage to harbour front boardwalk
Tenancy Highlights: Zebra Lounge At Jacksons Landing in Pyrmont, Zebra Lounge on Harris Street has been making waves for its delicious gourmet breakfasts and lunch options for many years. The restaurant utilises seasonal local produce whenever possible, thereby providing the very freshest flavours and an abundance of rotating menu items. • Gross rent $204,348.36 per annum + GST* • Annual CPI increases • 5 year lease commencing 07 April 2018 with a 5 year option
The Quality Training & Hospitality College Pty Ltd (QTHC) QTHC hold over two decades of experience in training for the Hospitality Industry across Australia. With programs of study designed to maximise student outcomes and learning potential, the industry expert staff are there to help students as they build rewarding and dynamic careers across the areas of Cookery, Hospitality, Management and Leadership. • Gross rent $259,086.27 per annum + GST* • Annual CPI increases • 3 year leasing commencing 08 December 2016 with 2 x 5 year options
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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