Retail | Showrooms | Industrial

Property ID: 431732

 

Higher Yielding Opportunity - Sydney Eastern Suburbs - Priced from $8m+ | 7.25% Yield

Barry's Bootcamp, 16 Bayswater Road, Potts Point, NSW 2011

Stonebridge National Investment Sales is pleased to present to the market ‘Barry’s Bootcamp Potts Point (Sydney)’ for sale via Immediate Offers to Purchase, priced from $8,088,000 at a 7.20% yield.

The asset has the following key investment features:

· Secure 15 year anchor lease to 2033 with attractive income growth via fixed 3.5% and fixed 4% annual rent increases

· Barry’s Bootcamp – Premium, iconic lifestyle brand and subsidiary of global conglomerate ‘Fitness & Lifestyle Group’

· Income supplemented by speciality shop occupied by ‘Vicki Lee Gallery’, a proven and established studio in the heart of Pott’s Points art mecca

· High profile Bayswater Road corner position, set across large 888 sqm* tenancy improved by striking, state-of-the-art fitout

· Landmark site in Potts Point/King's Cross core commercial precinct, one of Australia's most densely populated locale’s

· 50m* dual frontage metres from Darlinghurst Rd, nearby Woolworths, Coles & Kings Cross Train Station (33,100+ daily commuters*)

· Unmatched connectivity – 1.4 km* from Sydney CBD with direct access via major arterial William Street (39,699+ vehicles daily*)

· Potts Point – Blue ribbon Eastern suburb only 1.4 km* to CBD - affluent catchment with household income 90% above national average*

· Barry’s Bootcamp lease secured by significant 12 month Bank Guarantee + GST

· Net Income $582,715 pa* (+GST)

‘Barry’s Bootcamp Potts Point (Sydney)’ is for sale via Immediate Offers to Purchase , priced from $8,088,000 at a 7.20% yield.

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 684

For Sale

Contact Agent

Philip Gartland0292549900

Alexander James-Elliott0292549900

Rorey James03 90880055