Brand New 10 Year Lease to Proven Operator | Sydney Eastern Suburbs Investment

Burgess Rawson and CBRE are pleased to offer Bar Grazie, Elizabeth Bay NSW for sale via Private Treaty.

The property has the following investment highlights:

+ Brand new 10 year lease to 2033 + 10 year option to 2043.
+ Bar Grazie: restaurant, bar & hospitality venue operated by one of Sydney’s most recognized operators, Fratelli Fresh founder & industry veteran Barry McDonald.
+ Rare Inner-City Eastern Suburbs Investment.
+ Large main road frontage to Elizabeth Bay Road
+ Located within the revitalised King’s Cross precinct, home to a thriving food and entertainment district.
+ Elizabeth Bay is one of Sydney’s most densely populated locations with 140,000+ residents within 3km, home to a young, professional demographic surrounded by affluent suburbs including Potts Point, Rushcutters Bay and Darlinghurst.
+ Favourable annual CPI rent reviews.
+ Net lease – Tenant pays all usual outgoings.
+ Net Income: $225,000 pa* + GST

To be sold via Private Treaty.

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.