Prime Sydney Fast Food Investment | Gelatissimo Green Square

Description

CBRE is pleased to present to the market Gelatissimo Green Square, located at 38/3 Ebsworth Street, Zetland (Green Square) NSW, for sale via Private Treaty.

The opportunity has the following key investment highlights:

+ Gelatissimo: International gelato brand with 60 stores globally¹
+ Brand new six (6) year net lease to 2032 plus one (1) further four (4) year option to 2036
+ Attractive fixed 3.5% annual rental increases, ensuring compounding income growth over the initial term of the lease
+ Landlord friendly net lease terms, with tenant responsible for all usual outgoings as per lease
+ Immaculate 74sqm* fit-out to tenants latest specifications
+ Award-winning $575 million mixed-use Infinity tower development, built in 2019 by Crown Group
+ Forms part of Infinity Square, a vibrant commercial hub offering high-quality retail and medical facilities.
+ Located directly above Green Square Train Station which see’s 95,000* passengers on a weekly basis²
+ Benefits from close proximity to the $1.23b Mirvac Green Square Development, providing more than 1,800 homes in the precinct³
+ Green Square: positioned within the booming City of Sydney council, with population forecast to grow 28.16% to 304,049 by 2046, and a GRP of $170.6b⁴
+ Net Income: $107,522 pa* + GST

To be sold via Private Treaty

Buy Price: $2,200,000

Please contact the exclusively appointed sales team for more information.

*Approx
1 Gelatissimo
2 Transport NSW
3 Urban Developer
4 Economy.id

Enquire

Contact agents
Kieran Bourke Senior Director
0417 418 007
Flynn McFall Negotiator
0481 187 191
Ben Parsonage Junior Sales Associate
0455 331 841
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Zetland, NSW

38 Ebsworth Street

For Sale

This property is part of Portfolio 185

Price: Contact Agent

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