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Rare Dual Restaurant & Residential Investment

54 Alexandra Street, HUNTERS HILL NSW, 2110

For Sale

Property for Sale in 54 Alexandra Street, HUNTERS HILL NSW, 2110

Listing ID:
11345368
Status:
Active
For:
Sale
Price:
AUCTION
Last Updated:
20/05/2019
Icon building

Property Type

Retail/Offices
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Land Area

284 SQM
Icon size

Floor Area

348 SQM
Icon parking

Parking

0

Rare Dual Restaurant & Residential Investment

:: Blue Ribbon Location
:: Two character filled buildings
:: Iconic long term restaurant

Total Net Income: $139,705 pa + GST (fully leased)

To be sold at auction Tuesday 14 May 2019

RESTAURANT:

Tenanted by Bistro 54.

Busy light filled contemporary restaurant with extensive fit out in local village hub.

Successful restaurant occupation on this site in excess of 45 years.

Secure 5 year lease to 2021 + options to 2031

Fixed 3% annual rental increases

RESIDENTIAL:

“The Granary” - Separate Residence

Character filled 2/3 bedroom residence with impressive old world features, New York loft styling, exposed beam ceiling with sun drenched living areas.

Opportunity for long term residential lease, value add with AirBnB rental upside or owner occupation.

Possible dual occupancy conversion (STCA)

LOCATION:

Hunters Hill - highly desirable premium waterfront suburb 9km from the CBD

INSPECTION TIMES:

Wednesday 8/5 12.30-1pm
Saturday 11/5 11am-11.30am

Please call or email for full details, Information Memorandum and contract.

* All areas approx. only

For more details, please email agent


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