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PRIME CBD RETAIL INVESTMENT

60 Park Street, SYDNEY NSW, 2000

Sold

Property Sold in 60 Park Street, SYDNEY NSW, 2000

Gunning Commercial

Suite G02, 15 Belvoir Street, Surry Hills, NSW 2010

Listing ID:
11334843
Status:
Sold
Price:
SOLD
Last Updated:
04/06/2019
Icon building

Property Type

Retail
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Land Area

0 SQM
Icon size

Floor Area

41 SQM
Icon parking

Parking

N/A

PRIME CBD RETAIL INVESTMENT

Gunning Real Estate is delighted to present to the market for sale by private treaty, this rare CBD retail investment, located at shop2/60 Park Street, Sydney.

The property is prominently located on the corner of Elizabeth and Park streets, directly opposite Hyde Park and within very close proximity to the new Sydney Metro and Town Hall Stations.

Investment Highlights;

- Leased to "Cup N' Chino" espresso bar
- New three (3) year lease plus options to 2027
- Net income of $85,644.72
- Strong 4% annual increases
- 41sqm shop plus 14 sqm storage (55sqm total strata area)
- Well established business usage
- Rare Sydney CBD strata retail opportunity

Please contact the sales agents for a comprehensive Information Memorandum and contract of sale.

For more details, please email agent

Gunning Commercial

Suite G02, 15 Belvoir Street, Surry Hills, NSW 2010


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