Burgess Rawson is pleased to present Soul Tree Café, Summer Hill to the market for sale via Investment Portfolio Auction 158.
The investment has the following key investment highlights:
+ 7 year lease to Dec 2028
+ Soul Tree Café: healthy, organic café and restaurant serving Summer Hill's vast residential community***
+ Guaranteed rental growth with fixed 3.5% annual rent increases
+ Extensive purpose built fit-out and alfresco seating
+ Part of 'The Flour Mill' of Summer Hill's landmark silos
+ Summer Hill: prestigious Inner-West suburb 7km from Sydney CBD, 850m* walk to the Summer Hill train station and within proximity to Woolworths anchored and Abacus & ISPT owned Ashfield Mall comprising of 24,791 sqm of retail and 5 levels of parking for 1,070 vehicles****
+ Benefiting from the Summer Hill Flour Mill community with 3,000+* commuters passing through daily, 7,311 residents* and the Flour Mill Summer Hill markets occurring every first and third Sunday of the month*****
+ Soul Tree Café is supported by 850+ dwellings in the immediate area and above, and access to Sydney's Inner-West population of 183,000+ people**
+ Net Income: $44,715 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 21 February 2023
Yallamundi Rooms, Sydney Opera House
A further 3 Summer Hill investments are also available.
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approximately
**Inner-West Council
***Soul Tree Café
****ISPT
*****summerhillflourmill.com.au