Lot 70/46a Macleay Street Potts Point NSW 2011

Large retail premises measuring 422 sqm.
Secure 10 + 5 year lease to worldwide fitness brand with over 2,000 branches.
Huge 11.2 metre double frontage and surrounded by other upmarket retailers incl. popular Bourke St Bakery.
Tightly held affluent Eastern Suburbs retail precinct.
One of Australia's most densely populated LGA's.
Extensive and costly fitout by tenant.
Includes complementary nutrition/supplement outlet and juice bar with DA pending for outdoor seating.
Long term fitness industry operator with substantial tenant guarantees in place.
Fixed annual 3% rent increases.
Net Income: $209,685 pa + GST.

For Sale by Private Treaty.
Indicative Asking Price $2,700,000
Yield 7.76%