This is a rare opportunity to purchase a retail investment in this tightly held location. This property benefits from being situated in arguably Potts Point’s most prestigious building ‘Ikon’. The property benefits from a ten year lease to Fratelli Fresh, one of Australia’s most renowned restaurateurs/providores. They supply some of Sydney’s best prime produce, freshest vegetables of the season, finest pressed olive oils and imported cheeses. After the success of opening their Danks Street Rosebery store five years ago, many developers and property owners have tried to secure this unbelievable concept but have been unsuccessful until now. This is truly a rare offering never to be repeated for the astute investor.
Tenant Fratelli Fresh
Sydney’s most renowned restaurant/Providore/fresh food operator
Experienced tenant
Lease term 10 years (commenced 25 March 2008)
Rental income $300,000 gross per annum
Area 330sqm 25sqm external 2 car spaces
Next to Woolworths, NAB, Blockbuster and Pulse Pharmacy