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Trophy Balmain Coles Liquor Investment

243 Darling Street, Balmain NSW

Property Highlights

Renewed 5 Year Lease to 2028
Further Options to 2043
Unrivalled Darling Street Position

Description

Burgess Rawson is pleased to offer to market Vintage Cellars Balmain, located at 243 Darling Street, Balmain NSW for sale by Private Treaty.

The property has the following key investment highlights:

+ Premium Coles anchored Sydney freehold investment
+ Renewed Vintage Cellars lease to 2028 + options to 2043
+ Fully leased generational asset featuring two apartments with balconies & views
+ Rare & valuable onsite parking + convenient rear lane access
+ Strategic freehold landholding in the busy epicentre of vibrant Darling Street
+ One of Sydney’s most renowned shopping, entertainment & eat street precincts
+ Balmain: highly sought-after Sydney Harbour suburb, home to a wealthy, affluent and professional demographic
+ Coles Group: Top 100 ASX company, market cap $25 billion
+ Vintage Cellars: premium liquor brand of the Coles Group
+ Important: local liquor spend per capita exceeding the national average by over 45%
+ Net Income: $229,404 pa + GST

To be sold by Private Treaty.

Please contact the exclusively appointed Burgess Rawson team for more information

*Approx

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Liquor
Land Size
312 SQM
Building Area
251 SQM

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