Brand New 5 Year Net Lease | Inner-City Sydney Freehold Investment

Burgess Rawson and Oxford Agency are pleased to offer to market the 245 Oxford Street, Darlinghurst NSW for sale via our Investment Auction Portfolio 159.

The property has the following investment highlights:

+ Brand new 5 year lease to 2027 plus options to 2037.
+ Kissuu: restaurant, bar & hospitality venue founded by hospitality expert Paul Schulte, Ex-Nobu Chef Adam Bourke & Music Curator, Rich Penny.
+ Favourable fixed 3.5% annual rent increases.
+ Net lease- tenants paying all usual outgoings including land tax and management fees.
+ Impressively fitted out 2 storey restaurant and bar on the iconic Oxford Street. It’s the creation of Paul Schulte (ex-Prince York) creative director of Hunger Group (Café Parker).
+ Located on Oxford Street, a major arterial road into Sydney’s prestigious Eastern Suburbs.
+ Affluent young population of over 240,000 within the inner-city region. The most populated age demographic being the 20-40yr old bracket.*
+ Situated perfectly to take advantage of the extensive list of hospitality, entertainment, and sporting events within close proximity.
+ Easily managed single tenant investment.
+ Net Income: $180,000 pa** + GST

For Sale by Investment Portfolio Auction
10:30am (AEDT) Tuesday 28 March 2023
Sydney Opera House

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

*Australian Bureau of Statistics
**Approx