Prime Inner West Sydney Investment – Outstanding Restaurant

122 Terry Street , Rozelle NSW

Property Highlights

Secure Lease

Fantastic Growth Location

4km to Sydney CBD

Description

To be auctioned individually: Tuesday 2 April 2019 at 11am at Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Long 10 year lease expiring November 2026 plus option to 2036
Outstanding restaurant facilities with appealing decor & character fitout
Well suited to high demographic locale
Large 192 sqm corner premises including alfresco dining with three (3) secure car spaces on title
Tenant pays all outgoings, as per lease and fixed 4% annual rent increases
Rozelle: booming Inner West suburb with further growth to come
White Bay redevelopment will be one of the largest in inner Sydney
M4-M5 link (Westconnex) $7Bn infrastructure project incl. Rozelle rail yards easing congestion
Proposed Sydney Metro West rail link
Further population growth through increased medium density housing
Close proximity to Birkenhead Point just across Iron Cove Bridge
Young, wealthy demographic with high disposable income
Valuable depreciation benefits available

Net Income: $140,608 pa + GST

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
192 SQM
Gross Building Area
192 SQM

Contact Agents

Michael Gilbert

+610 430 024790

Dean Venturato

0412 840 222

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