Fully leased to Camperdown Cellars until June 2019.
Further 5 + 5 year options until 2029.
Camperdown Cellars. Established company since 1947 boasting 8 stores across Sydney.
Camperdown: Vibrant and heavily populated Sydney suburb just 4 kilometres from the CBD home to a young, professional and affluent demographic.
Strategic location with high exposure to Kingston Road and limited local competition between Parramatta Road and King Street, Newtown.
Large 198 sqm shop with loading space + parking and convenient rear lane access.
Attractive 3% fixed annual rental increases ($148,658 as at July 2018).
Easily managed single tenant investment.
Rent: $140,124 pa + GST.