CBRE, under instructions from the Receivers & Managers, Peter Marsden and Richard Stone of RSM Australia Partners, are pleased to present Lot 6 & 8, 7 Help Street to market. The property is a large retail strata located in the highly popular suburb of Chatswood. Currently tenanted by the well-established Fook Yuen Seafood Restaurant, the yum cha venue is a prime offering to both investors and owner occupiers in a rapidly growing area.
Lot 6 & 8, 7 Help Street benefits from the following features:
- Tenanted by Fook Yuen Seafood Restaurant, a Cantonese yum cha venue with a long business history at the site
- Rent: $416,664 per annum* + GST
- 10 + 5 year lease (December 2011 lease commencement)
- Total strata area: 1,218sqm*
- 10 undercroft car spaces & a single lock up garage
- Strong Chinese demographic ideal for restaurant tenants
- Can be sold as leased or with vacant possession for owner occupiers
The property will be offered for sale by way of Expressions of Interest closing on Wednesday 8 November 2017 at 6:00PM AEST
Note: All financial figures have been provided by the client. Purchasers are advised to conduct their own independent due diligence
For further details, please contact the exclusive CBRE selling agents.
*Approximate