10 year lease expiring October 2019.
Leased to successful, long standing restaurant group with multiple locations.
Expensive and stylish fit out with indoor/outdoor dining.
Highly exposed location with 32 m corner frontage.
Contemporary office building with high depreciation allowances.
Trades to over 12,000 local residents and 15,000 (est) workforce in Pyrmont.
Annual 4% increases.
Net lease, tenant pays all outgoings.
Net Income: $212,914 pa + GST.
For sale in Burgess Rawson Portfolio Auction 85 on:
Tuesday 10 December 2013 at 2:00pm AEDT
Mezzanine Level
50 Margaret Street, Sydney
For more information on this property and other auction listings visit:
www.investmentportfolioauction.com.au
Andrew Vines 0423 108 880
avines@burgessrawson.com.au
Dean Venturato 0412 840 222
dventurato@burgessrawson.com.au