Inner City Sydney Investment – Brand New 10 Year Lease

Burgess Rawson is pleased to present Chambers Coffee Ultimo, located at Lot 2, 646 Harris Street, Ultimo (Sydney) NSW to the market for sale via Private Treaty.

The asset has the following investment highlights:
+ New 10 year lease to 2033 plus options to 2043
+ Chambers Coffee: successful and established Sydney coffee retailer and roaster with 15+ locations across Sydney and a strategic growth plan**
+ Guaranteed rental growth with fixed 3% per annum increases
+ Easy to manage single tenant investment with Chambers Coffee responsible for all outgoings including Land Tax & Property Management
+ Strategic location next to University of Technology Sydney, TAFE, Chinatown, Broadway Shopping Centre, Darling Harbour & 5 min walk to Haymarket Light Rail
+ Prime & versatile corner position in the heart of UTS’s campus with a student population of 45,221***
+ Ultimo: inner Sydney suburb adjacent to the CBD with a high-density population catchment of 117,000+ within a 2km radius****

+ Net Income: $150,000 pa* + GST

For Sale via Private Treaty.

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

*Approximately
**chamberscoffee.com.au
***uts.edu.au
*****gapmaps.com