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31A Fitzroy Street, KIRRIBILLI NSW, 2061

For Sale
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Property for Sale in 31A Fitzroy Street, KIRRIBILLI NSW, 2061

CI Australia Pty Limited

Level 4, 35 Clarence Street, Sydney, NSW 2000

Listing ID:
11385172
Status:
Active
For:
Sale
Last Updated:
23/09/2020
Price:
PRICE REDUCTION. 5.5% NET $2,500,000
Icon building

Property Type

Retail
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Land Area

N/A
Icon size

Floor Area

79 SQM
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Parking

N/A

New Price Guide: 5.5% Net Return - Leased Kirribilli Investment

Offered to market for the first time ever, CI Australia are delighted to offer Shop 1, 31A Fitzroy Street, Kirribilli For Sale.

Kirribilli is one of the most affluent and sought after locations in Sydney. It’s high density and high proportion of white collar professionals provide extremely favourable fundamentals for landlords.

Shop 1 / 31A Fitzroy has been occupied as a convenience store for over 60 years and features a 5 year lease with options until 2034.

Key Investment Features Include:
• Defensive Investment with New 5 year Lease
• Options until 2034
• Tenant Pays 100% of Outgoings
• 6 month security
• Fixed 3.5% increases
• Highly Exposed Corner Position
• Floor to ceiling glazing
• Convenience Store for the last 60 years
• First Strata property to be Sold in Kirribilli since 2012
• Net income $136,000 + GST

For more information or to arrange an inspection please contact Nick Lowry from CI Australia on 0408 891 376.

For more details, please email agent

CI Australia Pty Limited

Level 4, 35 Clarence Street, Sydney, NSW 2000


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