Brand New Upmarket Grocery Store | Flagship Inner West Corner Location | New 11 Year Lease + Option

Burgess Rawson is pleased to offer to market Maloneys, located at 1/731 Darling Street, Rozelle NSW for sale via Private Treaty,

The property has the following key investment highlights:

+ Brand new 11 year head lease to iconic Sydney grocer Maloneys to 2034 plus options extending to 2044
+ Maloneys: boutique essential service grocery chain with established locations at Rozelle, Coogee, Surry Hills & Woollahra
+ Includes popular Sydney food and beverage chain, Fabbrica
+ Significant $2,000,000 + GST approx. tenant fitout illustrates strong commitment and a long-term strategy to be at this address
+ Rozelle, sought after inner Sydney suburb where the median weekly family income is more than double the state and national median
+ Rozelle has been experiencing significant gentrification with current major projects including Rozelle Village (former Balmain Leagues Club to comprise 147 apartments), The Bays Metro Station and The Crescent/WestConnex project
+ Recently developed Darling Street icon, nestled in the heart of Rozelle’s expanding residential population and lifestyle hub of cafes, art galleries, bars and restaurants
+ Wide corner street frontage with high-profile signage plus huge pedestrian and vehicular exposure
+ Fixed 3% annual compounding rent increases, ensuring rental growth
+ Excellent potential tax depreciation benefits, with store recently opened in September 2023
+ Net Income: $400,169 pa* + GST

For Sale via Private Treaty.

Please contact the exclusively appointed sales team for more information.

*Approx