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Long Lease to a Proven Operator in Booming Holt Street Pr...

Shop 2/55 Holt Street, SURRY HILLS NSW, 2010

Sold

Property Sold in Shop 2/55 Holt Street, SURRY HILLS NSW, 2010

DB Property

Level 9, 418A Elizabeth St, Surry Hills, NSW 2010

Listing ID:
11327902
Status:
Sold
Price:
Offers above $1,300,000
Last Updated:
16/07/2019
Icon building

Property Type

Retail/Other
Icon square

Land Area

N/A
Icon size

Floor Area

88 SQM
Icon parking

Parking

0

Long Lease to a Proven Operator in Booming Holt Street Precinct

/ 88 sqm Shop Including 17 sqm Outdoor Area on Title
/ Approved F & B Operation Including Grease Trap and Exhaust
/ Net Rent $69,628 pa + GST
/ Tenant Pays all Outgoings
/ Lease expiry November 2023 + 2 X 5 year options
/ Fixed 3% annual increases, Market reviews at options
/ Set and Forget Investment
/ 5% net return
/ Under rented with reversionary upside

For more details, please email agent

DB Property

Level 9, 418A Elizabeth St, Surry Hills, NSW 2010


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