Shop 10/7 Rider Boulevard Rhodes NSW 2138
- 122 m²
- Commercial Auction
New 10 Year Lease - Fixed 3% Increases
- Net income $180,000 pa + GST
- Fixed 3% annual rent increases
- Brand new 10 year lease to 2030
Cushman & Wakefield is pleased to present a rare opportunity to acquire a recently renewed investment in Rhodes, Sydney secured by a new 10 year lease to proven performer, Chambers Coffee.
Rhodes Chambers Coffee is for sale via Cushman & Wakefield Portfolio Auction on Thursday 19 March at 2pm AEDT.
The property has the following key characteristics:
Brand new 10 year lease to 2030 + options to 2035
Chambers Coffee Highly successful Sydney coffee retailer and fine coffee roaster with over six locations across Sydney and a strategic roll-out plan encompassing all major Australian cities
High profile corner site on Rider Boulevard, Rhodes servicing a significant commercial office precinct, residential catchment and core retail hub
Located within close proximity to Rhodes Train Station, Coles, Liquor land, IKEA, Guzman y Gomez, Rhodes Waterside Shopping Centre, Priceline, Rhodes Medical Centre and ANZ Stadium
Approved liquor license venue with license held on premises
One allocated carpark on title and exclusive storage area
Net lease - Tenant pays 100% of outgoings
Fixed 3% annual rent increases
Net Income $180,000 pa + GST
The property is for sale by way of Cushman & Wakefield March Investment Auction. The Auction will be conducted on Thursday 19 March at 2pm AEDT at the Cushman & Wakefield Sydney office, located on Level 22, 1 OConnell Street, Sydney NSW 2000.
Prospective purchasers and interested parties will have access to remote bidding facilities in both Melbourne and Brisbane.
Should you have interest in bidding on the property from one of these locations, please liaise with the exclusive Cushman & Wakefield agents.
|Auction date and time||19/03/2020 14:00|
|Auction location||Cushman & Wakefield Sydney Office, Level 22, 1 O’Connell Street, Sydney NSW 2000|
|Floor Area||122 m²|
|Land Area||Ask Agent|
|Parking||1 x Onsite parking|
|Building Type||Partial building|
|Annual Return||Ask Agent|
|Last updated||17 Feb 2020|