Circa 7.5% Yield Western Sydney Investment

Description

Burgess Rawson is pleased to offer 8/62-72 Queen Street, Auburn NSW, for sale.

The property boasts the following investment highlights:

+ Popular restaurant investment in vibrant shopping and dining precinct
+ 5 year lease to 2026 + option to 2031
+ Recognised Nepalese restaurant brand Sambandha with locations in Hurstville, Westmead and Auburn
+ Bright laid back restaurant with dine in & take away options and available on Uber Eats
+ Open for lunch and dinner 7 days, closing 9.30pm nightly and 10pm on Saturday and Sunday
+ 8.75% of the local population within 1.5km were born in Nepal, 10x greater than the NSW state average^
+ Epicentre of the vibrant Auburn shopping and dining precinct
+ Auburn forms an integral part Western Sydney, the fastest growing region in NSW
+ Impressive restaurant fitout featuring al-fresco dining + valuable on title parking
+ Fixed compounding 3% annual rental increases
+ Net Income: $121,029 pa* + GST (as at 1 June 2024)

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx
^ Gapmaps

Enquire

Contact agents
Rhys Parker Partner
0451 101 042
John Ingui Cadet
0486 011 406
Enquiry Form

Auburn, NSW

8/ 62-72 Queen Street

For Sale by Expression of Interest

This property is part of Portfolio 168

Price: Contact Agent

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