Inner City Supa IGA Supermarket in Australia’s Most Densely Populated Suburb

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Brand New 15+10+10 Year Lease
Substantial 5,333 sqm premises
Inner city entertainment precinct

Property Details

Brand New 15 + 10 + 10 Year Lease
Inner City Supermarket in Australia’s Most Densely Populated Suburb
New 15 year lease to Supa IGA until 2033 plus options to 2053
Substantial 5,333 sqm premises over 2 levels comprising 2,246 sqm ground level supermarket, loading dock & basement level parking for 38 cars
Bustling inner city entertainment precinct adjacent to Darling Harbour, Star City Casino and Fish Markets surrounded by high density vertical living
Extensive range supermarket appealing to young professional demographic incl. deli, bakery, fresh produce, meat, health & gluten free & soon to be liquor
High volume convenience trading open 7 days from 7am to 11pm
Iconic building previously occupied by Festival Records who recorded major artists such as Kylie Minogue, Cold Chisel and Bob Dylan
3 street frontages with loading dock & car park access from Miller Lane
Net Income: $1,030,410 pa + GST

Auction 11am Tuesday 8 May 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney