Premium Inner Sydney Showroom Investment

Description

5 year lease to 2026
Three individual strata shops combined to create a 307sqm* showroom plus 5 car spaces
Huge 50 metre* retail frontage to major arterial, Bourke Street
Established prestige designer furniture store (also in Melbourne)
Inner Sydney location with 230,000+ residents within a 3km radius
Tenant responsible for all outgoings
Annual 3.25% rent increases
Net Income: $209,225 pa* + GST

For Sale by Auction
Tuesday 29 March 10.30am (AEDT)
Yallamundi Rooms, Sydney Opera House

Sales Agents:
Kieran Bourke, CBRE

Michael Gilbert, Flex Body Australia Pty Ltd Licence No 10087879
in conjunction with CBRE

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Contact agents
Kieran Bourke Sr Director, Capital Markets
0417 418 007
Geoff Sinclair Director, Capital Markets
0451 462 759
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Waterloo, NSW

C.R.08.09.10, 850 Bourke Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 151

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