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Shop 1, 55 Lavender Street
Milsons Point NSW 2061
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Sold on 30 Mar 2022

Shop 1, 55 Lavender Street Milsons Point NSW 2061

  • Offices
  • 29 m²
  • Sold

RARE ~5.5% NET CAFÉ INVESTMENT

  • ~5.5% NET YIELD
  • 5 + 5 + 5 YEAR COVENANT
  • HARBOUR BRIDGE VIEWS

Colliers are pleased to present For Sale Shop 1 in 55 Lavender Street, a secure 'sit and forget' passive retail strata investment positioned at the base of the tightly held Mirvac-developed "Latitude" building in one of Australia's most affluent locations.

The tenancy benefits from exclusive use of a ~100sqm sun-lit balcony that offers amazing Harbour Bridge views, as well as access to a range of building amenities including a heated indoor pool, gym, sauna and spa.

Testament to the desirability of the location is the recent nearby opening of the hugely popular, "Loulou" French Bistro, reinforcing Lavender Street as a vibrant residential, recreational and commercial locale.

Key Highlights:
+ Leased to "Latitude Café" on a 5+5+5 year term
+ Well-equipped kitchen; efficient layout
+ Incredibly rare Lower North Shore position with Sydney Harbour views
+ Superb + Exclusive use of ~100 sqm balcony + 4 sqm storage room on title
+ Access to building facilities; heated indoor pool, gym, spa, sauna
+ Surrounded by amenity world-renown amenity
+ Transport connectivity; Milsons Point Train/Bus Interchange (300m), North Sydney Train/Bus Interchange Station (450m)

For further information and/or to arrange a private inspection, please contact the exclusive listing agents.

Property Highlights

Date Sold30 Mar 2022
Floor Area29 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2017576097
Category
Last updated  30 Mar 2022
Map for Shop 1, 55 Lavender Street Milsons Point NSW 2061

Nearest transport* to Shop 1, 55 Lavender Street Milsons Point NSW 2061

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Property Highlights

Date Sold30 Mar 2022
Floor Area29 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2017576097
Category
Last updated  30 Mar 2022

Co-Agents

Tom Appleby
Colliers International - North Sydney
Call
+61 405 693 696
Beau Mayer
Beau Mayer
Colliers International - North Sydney
Call
+61 405 758 887

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