Ground Floor, 517 Elizabeth Street, SURRY HILLS NSW 2010
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- 10 Nov 2016
Wholefood investment in the heart of Surry Hills
517 Elizabeth Street is an impressive and secure retail investment - positioned within one of Sydney’s most tightly-held and in-demand growth corridors, Surry Hills.
With huge exposure to Elizabeth Street and passing trade, this 400m² retail space is fully leased to one of Sydney’s most highly regarded health food retailers, Bondi Wholefoods. The light-filled, industrial-inspired space boasts plenty of indoor seating, a lush outdoor garden and seating, and a huge kitchen.
517 Elizabeth Street, Surry Hills has the following key features:
• Leased to Bondi Wholefoods
• Diverse offering including grocery, café and retail
• 400 m² approx. with exceptional fit out, outdoor area and parking
• 10 year plus 10 year lease
• Net income of approximately $260,000 per annum
• Significant depreciation benefits
• Huge frontage in a brand new retail development
• Walking distance to Sydney CBD
• 400 metres to Central Station and essential amenities
About Bondi Wholefoods, Surry Hills: Since opening in late 2015, Bondi Wholefoods in Surry Hills has become Sydney’s must-visit healthy hotspot. The second iteration of the Bondi institution, serving up acai bowls and paleo toast for breakfast, sandwiches, wraps and salads for lunch, and a wide range of wholefood groceries and products to take home, it’s the perfect spot for lazy weekend lunches or post-workout refuelling.
Don’t miss out on this exceptional opportunity with an established and diverse tenant, secure income and significant depreciation benefits in one of Sydney’s most desirable locations.
For further details please contact the exclusive marketing agents: Miron Solomons and Matt Pontey.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
Ground Floor, 517 Elizabeth Street...