Sophisticated Bar/Dining Investment – Outstanding Parramatta CBD Location

3/140 Marsden Street , Parramatta NSW

Property Highlights

Bar/Dining Investment

Extensive "New Age" Fitout

5+5 Year Lease

Description

5 + 5 year lease and options expiring November 2027
Major “Eat Street” precinct amongst dense office and residential population
Extensive “New Age” fit out + mezz floor + car space

Auction
11am AEST Tuesday 17 September 2019
Doltone House Hyde Park, Sydney

Internal & alfresco seating for 82 persons
Located within the multi award winning and iconic V by Crown and Skye Hotel project
Parramatta: Sydney’s second CBD and currently undergoing unprecedented growth and development
As new construction with high depreciation allowances
Fixed 3% pa rental increases

Net income $122,534 pa + GST (as at 17 Nov. 2019)

Property Details

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

Contact Agents

Dean Venturato

0412 840 222

Tom Doran

0407 928 324

Request Information

Stay up to date with our latest portfolio auctions & insights