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Hunters Hill Dual Retail & Residential Investment

Restaurant/54 Alexandra Street, HUNTERS HILL NSW, 2110

Sold

Property Sold in Restaurant/54 Alexandra Street, HUNTERS HILL NSW, 2110

Listing ID:
11357415
Status:
Sold
Price:
SOLD
Last Updated:
05/03/2020
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Property Type

Retail/Hotel/Leisure
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Land Area

284 SQM
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Floor Area

177 SQM
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Parking

N/A

Hunters Hill Dual Retail & Residential Investment

## NOW SOLD ##

Total Net Income: $139,705 pa + GST (fully leased)
Leased on 5 + 5 + 5 at 3% increases from 19 September 2016

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

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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