563-565 Bourke Street, Surry Hills

Type
Leisure
Contract
Sold
Building Size
708 sqm
Land Size
273 sqm

Prominent corner freehold investment - SOLD PRIOR TO AUCTION

Gunning Real Estate is delighted to present to the market for sale by Public Auction, 563-565 Bourke Street, Surry Hills.

The asset is a fully leased investment with income streams from 5 separate tenancies. The property is anchored by Surry Hills oldest pub in The Carrington Hotel.

Positioned in the core of Surry Hills, the property benefits from three street frontages to Bourke & Arthur Streets and Aurther Lane to the rear. Less than 200m from the newly built Light Rail on Devonshire Street.

Investment highlights include;

- Gross Passing Income: $355,486.00 per annum*
- Land size: 273sqm*
- Gross building Area: 708sqm*
- 5 separate tenants
- Prominent corner position

*approximate

The property will be auctioned on Tuesday - 28th August, 2018. The auction will be held at AuctionWORKS, Mezzanine level, 50 Margaret Street, Sydney.

To obtain and information memorandum or to arrange a time to inspect, please feel free to contact the agents;