Rare Inner City Investment – Large 422 sqm Premises

46a Macleay Street , Potts Point NSW

Property Highlights

Rare Inner City Investment
Large 422 sqm Premises
5 year lease ending August 2023
Register to Bid

Description

Secure 5 year lease ending August 2023 + options to 2033
Huge 11.2m double frontage affording high visibility to passing pedestrian traffic
Tightly held Eastern Suburbs precinct with a wealthy catchment who earn more than double the NSW average income per capita of $82,830
Australia’s 2nd highest densely populated LGA with 16,600 persons per sq km
RE:UNION is a leading fitness industry operator in a growth phase with substantial tenant guarantees in place
Extensive and cutting edge fit-out including separate group circuit and weight training areas
Fixed annual 3% rent increases
Net Income: $168,950 pa + GST (as at 8/8/2021)

For Sale by Auction
Tuesday 22 June at 11am
Yallamundi Rooms, Sydney Opera House

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
422 SQM
Building Area
422 SQM

Price

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