Entry Level Sydney CBD King Street Investment – Proven Performer with 15+ Years History

Burgess Rawson and Ray White Commercial Eastern Suburbs are pleased to offer to market Lot 26, 27-29 King Street, Sydney via Private Treaty.

This property has the following investment highlights:

+ Renewed 5 year lease to 2028 plus option to 2033
+ Additional $4,800pa + GST for basement storage leased via licensing agreement
+ Peace Harmony Thai: long established Thai cuisine servicing Sydney CBD & surrounding areas
+ Attractive 3.5% pa rent increases ensuring compounding rental growth
+ Landlord friendly net lease with tenant paying all outgoings as per the lease
+ High profile King Street retail position accompanied by high density residential and nearby hotels, strategically positioned directly off the Western Distributor
+ Versatile tenancy offering storage and loading bay access within a high foot traffic area, minutes to Pyrmont Bridge
+ Ideally located in Sydney’s thriving hotel precinct next to The Rocks, Darling Harbour and Barangaroo
+ Net Income: $88,900 pa* + GST

For Sale via Private Treaty.

Please contact the exclusively appointed sales team for more information.

*Approx