Blue Chip Supermarket Investment in Sydney Harbourside Location - Ten (10) Year Lease
Savills as the exclusive selling agent, is pleased to present 88 Alfred Street, Milsons Point. This is your chance to secure a prime investment in Sydney’s second most liveable suburb. Having a strong performing tenant such as QE Foodstores already in place, allows for instant rental income.
• Boutique inner city supermarket with ten (10) year lease to proven operator QE Foodstores with 9 stores and annualised turnover c.$30m
• Bank guarantee and personal guarantee of the tenant provided
• Strong net income of $281,400 p.a with fixed annual rental increases of 3%
• Structured in...
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