Property ID: 1P5009
60 Park Street Sydney NSW
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Retail
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Sold
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41 sqm
PRIME CBD RETAIL INVESTMENT
Gunning Real Estate is delighted to present to the market for sale by private treaty, this rare CBD retail investment, located at shop2/60 Park Street, Sydney.
The property is prominently located on the corner of Elizabeth and Park streets, directly opposite Hyde Park and within very close proximity to the new Sydney Metro and Town Hall Stations.
Investment Highlights;
- Leased to "Cup N' Chino" espresso bar
- New three (3) year lease plus options to 2027
- Net income of $85,644.72
- Strong 4% annual increases
- 41sqm shop plus 14 sqm storage (55sqm total strata area)
- Well established business usage
- Rare Sydney CBD strata retail opportunity
Please contact the sales agents for a comprehensive Information Memorandum and contract of sale.
The property is prominently located on the corner of Elizabeth and Park streets, directly opposite Hyde Park and within very close proximity to the new Sydney Metro and Town Hall Stations.
Investment Highlights;
- Leased to "Cup N' Chino" espresso bar
- New three (3) year lease plus options to 2027
- Net income of $85,644.72
- Strong 4% annual increases
- 41sqm shop plus 14 sqm storage (55sqm total strata area)
- Well established business usage
- Rare Sydney CBD strata retail opportunity
Please contact the sales agents for a comprehensive Information Memorandum and contract of sale.
Features
- Air Conditioning
- 3 Phase Power
- Close to Schools
- Close to Shops
- Close to Transport
- Grease Trap
