Ground Floor, 365 Kent Street, Sydney, NSW 2000

Investment | Retail

Sold Under Offer

  • Property ID: 262071
  • Floor Area: 35m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 10/08/2017 35m2 N/A Contact Agent
Prime Position CBD Retail Investment Opportunity

This remarkable retail investment commands attention from inner city foot traffic on one of its busiest streets, providing a well-equipped café site in one of Sydney's most vibrant settings. This impressive space is currently tenanted in a 5 year lease with a 5 year option, and yields high rental returns of $1,300.00 (approx.) plus GST per week.

The relatively compact site caters to indoor and outdoor dining, with 4m street frontage and a comfortable 35 sqm interior layout. It features a full width timber preparation bench with kitchenette and quality appliances, while ample refrigeration and glass counter storage provide additional space.

Additional highlights include a staff toilet, storage room, high ceiling, air conditioning, alarm system and a valuable secure car space in the building. Surrounded by Sydney's crowded business district, this rare investment opportunity appeals to those seeking a great exposure, placed only a stroll from King Street Wharf, the new Barangaroo dining precinct, Town Hall and Wynyard Station.


- Readymade retail investment with existing tenant on a secure lease until August 2019 plus an additional 5 year option
- Net income $67,491.84 per annum plus GST (from August 2017)
- Fixed rental growth of 4% per annum
- Tenant pays all outgoings (approximately $7,912.00 per annum)
- Comfortable 35 sqm open layout plus plenty of outdoor streetside dining
- Warm and inviting décor, timber finished kitchenette, staff toilet/storage
- Air conditioning, high ceiling, alarm system plus extensive refrigeration
- Valuable secure car space located in the building
- Exceptional prospect to capitalise on location, scope to add some value.

Sydney Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $10619 $624 5.88%
Industrial --- $591 ---
Offices $10528 $769 7.30%
This is the average advertised price, rent and yield for Sydney, NSW 2000*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of Ground Floor, 365 Kent Street, Sydney, NSW 2000. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of Ground Floor, 365 Kent Street, Sydney, NSW 2000. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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