Brand new, over 400 square metre, 160 patron + café/restaurant/convenience venue in the heart of the emerging Dulwich Hill high density residential precinct positioned on the platform for the “Arlington” Light Rail Station.
Generous Landlord incentives including a fitout contribution ranging between $50,000 and $100,000 depending on other terms and the nature of the Tenant's proposal.
The property is located only minutes from the Sydney CBD with the modern, quiet Light Rail arriving every 5-15 minutes from 6am to 11pm daily and the commute into Pyrmont Bay/Sydney CBD takes only 20-25 minutes.
Forming part of “Arlington Grove”, being completed by well regarded developer Galileo Group, the residents of this 246 unit, multi-building complex will surely be taking advantage of this key piece of infrastructure on a daily basis. However, the occupant of this rare opportunity is well placed to take advantage of other high density developments planned for adjoining and nearby properties as well as the substantial existing catchment which is currently undersupplied with quality food and beverage venues.
A massive amount of new apartments are planned to come online in Dulwich Hill and Lewisham/Summer Hill in the next 1-3 years.
This rare opportunity will be leased now under favourable terms in anticipation of tenant fitout and lease commencement in early 2018.
• Brand new café/restaurant/convenience venue for 160 patrons plus
• Position at entry to modern complex of 250 apartments
• Adjacent to Light Rail station platform and local playing fields/recreational areas
• Limited competition
• Over 400 square metres of tenancy area including over 150 square metres of oversize, valuable, well designed, family friendly, “wrap around” outdoor area
• Base approvals and liquor licence will be provided (requiring tenant to only obtain quick and easy Complying Development Certificate for specific layout)
• Approximately 126 square metres ground floor internal
• Approximately 120 square metres basement level internal
• Approximately 158 square metres exclusive use outdoor dining area
• One security basement car space
• High ceilings and efficient floor plate complimenting “wrap around” outdoor area and allowing for flexibility in design and excellent natural light
• More than ample, good quality separate male, female and disabled toilets as per floor plans already installed
• High capacity 1,000 Litre grease trap already installed
• High capacity kitchen exhaust riser (300mm x 1,000mm)
• Drainage provided underneath the floor slab (awaiting only tenant core drilling in their desired locations and connection)
• Location provisions for air-conditioning and any cooling requirements for cold storage in basement level adjacent to tenancy for cheap install
• All services available for connection with minimum 3 phase 80AMP power supply
• Signage provisions
• Dedicated secure bin store incorporated into tenancy as per plans
• 7 + 7 year net lease (longer term lease considered)
• $$$ Landlord fitout contribution toward the fitout of the venue which will stay with the property (A/C, heating/cooling, kitchen/bar etc) noting that expensive items including toilets, grease trap, exhaust and air-conditioning location provisions have already been purchased by the Landlord from the developer for the Tenant (for clarity, the $$$ Landlord contribution is in addition to these items already being provided).
• Generous rent free period
Contact us now for a full information memorandum.
Disclaimer: We have been furnished with the above information, however, For Sale For Lease gives no guarantees or undertakings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.