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Sold on 27 Aug 2019

67 Willoughby Road Crows Nest NSW 2065

  • Shop & Retail
  • 140 m²
  • Sold

FIRST TIME OFFERED TO THE MARKET IN OVER 55 YEARS!

  • Prime Willoughby Road Freehold
  • Tenant in occupation for over 35 years
  • Net Income: $125,000 + GST

As the Exclusive Selling Agent, CI Australia is delighted to offer 67 Willoughby Road, Crows Nest For Sale for the first time in over 55 years.

67 Willoughby Road has been occupied by a Crows Nest Dining Institution, Peter Pans Italian, for over 35 years. Peter Pans have signed a brand new 5 + 5 year lease and pay 100% of outgoings.

The property is located just 250m away from the Future Crows Nest Metro Station which is a game changer for this precinct.

67 Willoughby Road comprises a prime retail freehold situated in the heart of a thriving eat and drink precinct.

Key Investment Features Include:
First time offered For Sale in over 55 years.
Tenant in occupation for over 35 years.
Prime Willoughby Road Freehold.
Crows Nest Dining Institution.
250m to Crows Nest Metro Station.
Brand New 5 + 5 year Lease.
Tenant pays 100% of outgoings.
5.6m frontage.
Located opposite Hume Street Thoroughfare.
Net Income: $125,000 + GST.

The property is For Sale by Public Auction commencing 10:30am on Tuesday 27th August 2019.

The Auction will be held at AuctionWorks, Mezzanine Level at 50 Margaret Street, Sydney NSW 2000.

For further information or to arrange an inspection please contact:
Nick Lowry
Associate Director, Capital Transactions
+61 408 891 376
nlowry@ciaustralia.com.au

Address67 Willoughby Road Crows Nest NSW 2065
ZoningB4 Mixed Use
CouncilNORTH SYDNEY COUNCIL
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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Nick Lowry
CI Australia - North Sydney
Nick Lowry
CI Australia - North Sydney

Property Highlights

Property ID2015484889
Date Sold27 Aug 2019
Floor Area140 m²
Land AreaAsk Agent
ParkingAsk Agent
Category
Last updated  23 Sep 2019
Map for 67 Willoughby Road Crows Nest NSW 2065
Map for 67 Willoughby Road Crows Nest NSW 206567 Willoughby Road Crows Nest NSW 2065
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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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Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Nick Lowry
CI Australia - North Sydney
Nick Lowry
CI Australia - North Sydney

Property Highlights

Property ID2015484889
Date Sold27 Aug 2019
Floor Area140 m²
Land AreaAsk Agent
ParkingAsk Agent
Category
Last updated  23 Sep 2019
CI Australia - North Sydney
2 Elizabeth Plaza North Sydney NSW 2060
Nick Lowry
CI Australia - North Sydney
Nick Lowry
CI Australia - North Sydney

Ask Nick Lowry about this property

Nick Lowry

Nick Lowry

CI Australia - North Sydney

0408 *** ***
0408 891 376

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