9 WARD AVENUE, POTTS POINT

Size: 48m²

For Sale : $840,000

PRIME RETAIL INVESTMENT IN AFFLUENT POTTS POINT

Gunning Real Estate is pleased to offer for sale by private treaty this prime entry level, strata retail investment in the affluent inner-city suburb of Potts Point.

The property benefits from a brand new fitout and is very well leased to renowned operators "Primary Coffee Roasters".

Investment summary;

- Net rent: $41,600 + GST per annum (as at 31st May, 2018)
- 100% outgoings paid for by tenant
- Leased until 31st May, 2022 with options until May 2027
- Security bond, two (2) months gross rent bank guarantee
- Strong 4% annual increases

Featured reviews;

https://www.broadsheet.com.au/sydney/food-and-drink/primary-coffee-roasters-potts-point

https://www.beanhunter.com/sydney/primary-coffee-roasters-potts-point

http://simonfoodfavourites.blogspot.com.au/2017/11/primary-coffee-roasters-potts-point-22.html


For further information or to request a comprehensive information memorandum or contract of sale, please feel free to contact the agents;

Inspection Times

Or By Appointment

PROPERTY OVERVIEW

Property ID:
1P4661
Property Type:
Retail
Building Size:
48 m²

FEATURES

Close to Transport
Close to Shops
Close to Schools
Creative

OUTGOINGS

Water Rates:
$2282.62 Yearly
Council Rates:
$1348.90 Yearly
Strata Levies:
$4060.60 Yearly