Property ID: 1P1070
3/241-247 Crown Street Darlinghurst NSW
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Retail
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Sold
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226 sqm
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226 sqm
High Yielding Investment
Investors take note! Gunning Commercial is excited to offer for sale by private treaty this impressive and high yielding retail investment in the heart of one Sydney's most tightly held and high demand precincts, Darlinghurst.
Located in a high profile tenancy mix neighbouring the likes of Grill'd Healthy Burgers and Mad Mex, this property offers investors the security of a long tenure to fast growing movers and shakers "Mad Pizza e Bar", who have restaurants on Victoria Street, Darlinghurst, Obrien Street, Bondi Beach and King Street, Newtown. The property is highly exposed to prominent Crown Street with a massive 7 metre frontage.
This property features:
- 6 + 6 year lease to "Mad Pizzeria" commenced 1st Feb, 2011
-Current Net income $164,020 p.a + GST (approx)
- 226sqm of NLA plus 1 x secure car park
- Valuable liquor license
- 4 month Bank Guarantee and Directors Guarantee
- 4.5% increase annually
Contract's available upon request from the agent.
This opportunity is not to be missed!
Tom Speakman
M: 0412 891 330
E: ts@gunningcommercial.com
Located in a high profile tenancy mix neighbouring the likes of Grill'd Healthy Burgers and Mad Mex, this property offers investors the security of a long tenure to fast growing movers and shakers "Mad Pizza e Bar", who have restaurants on Victoria Street, Darlinghurst, Obrien Street, Bondi Beach and King Street, Newtown. The property is highly exposed to prominent Crown Street with a massive 7 metre frontage.
This property features:
- 6 + 6 year lease to "Mad Pizzeria" commenced 1st Feb, 2011
-Current Net income $164,020 p.a + GST (approx)
- 226sqm of NLA plus 1 x secure car park
- Valuable liquor license
- 4 month Bank Guarantee and Directors Guarantee
- 4.5% increase annually
Contract's available upon request from the agent.
This opportunity is not to be missed!
Tom Speakman
M: 0412 891 330
E: ts@gunningcommercial.com