An exciting opportunity to secure this lucrative retail investment comprising of two separate long standing tenants, "Black Velvet" an established local cake and catering business occupying shop 3a and national tenant "Domino's Pizza" occupying shop 3b. This incredible property comprises of two separate shops with a combined area of 142sqm and a 13m wide double frontage onto the highly popular Darlinghurst Road.
The interior of both shops reveals expansive commercial grade kitchen equipment with substantial refrigeration, display counters and benches. Both shops have access to the grease trap and exhaust system, along with exclusive use rights to additional storage in the basement and onsite parking in the building.
Capitalise on this prized location and the local and national tenant this premium retail site offers. Located alongside some of Sydney celebrated cafes, restaurants and bars this property is also close to rail, buses and minutes to the CBD.
- Total area: 142sqm, shop 3a "Black Velvet" 62sqm and shop 3b "Domino's Pizza" 80sqm
- Basement storage and onsite parking for 1 car
- Combined passing net income of $103,855.50 per annum plus GST
- Readymade investment with established long term tenants with options
- Fixed rental growth per annum
- Provisions for grease trap and exhaust ventilation
- 13m wide double frontage/separate shop fronts onto the highly popular Darlinghurst Road.
LJ HOOKER COMMERCIAL NATIONAL AUCTION EVENT
AUCTION Date: 10:30am Thursday 28th June 2018.
AUCTION Location: Level 6/9 Castlereagh Street Sydney NSW 2000
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