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Shop 2/141-147 Crown Street, DARLINGHURST NSW, 2010

Sold
https://dduaaywsz-res-3.cloudinary.com/image/upload/v1596631808/mvkiap6a84ncjrvs9q4c.jpg

Property Sold in Shop 2/141-147 Crown Street, DARLINGHURST NSW, 2010

Gunning Commercial

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

Listing ID:
11188094
Status:
Sold
Last Updated:
05/08/2020
Icon building

Property Type

Retail
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Land Area

N/A
Icon size

Floor Area

70 SQM
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Parking

N/A

A two prong investment, with capital & rental growth.

Prime inner city rental.

The subject property is located in the prime city fringe location of Darlinghurst, less than two kilometers east of Sydney GPO.
The surrounding area comprises a blend of retail outlets, restaurants, cafes, terrace houses, new residential units and mixed commercial use buildings.
Sydney police centre, East Sydney Tafe college, plus the retail/commercial hub of Taylor square lie in close proximity to the property.
Darlinghurst is a vibrant inner city suburb of Sydney with the property being within 50metres south of novell Oxford Street retail, restaurant and entertainment strip. Retaining the original fascade of it's previous use; being a general post office.

The property was developed in circa 2002, with the development including 30 x 1 bedroom & 5 x 2 bedroom units over three ground floor retail shops and basement carparking for 16 vehicles.

Shop 2: Zoned "10 Mixed Uses" under the south Sydney LEP1998.
Area: 70 sqm + 1 carspace.
Tenant: Mad Mex (lease commencement 27/07/07)
Rent: $69 850.08 pa. + GST
Term: 5 x 5 x 5 years
Annual Increases: 5%
Outgoings: 50% of Annual.

Shop 3: Zoned "10 Mixed Uses" under the south Sydney LEP1998.
Area: 229 sqm + 1 carspace.
Tenant: Yok Yok Thai
Rent: $115 000 pa. + GST
Term: 3 x 3 x 3 years
Annual Increases: 4%
Outgoings: Paid by tenant.

For further details or to arrange an appointment, please contact us.

Daniel Gunning
Phone: 9698 0222 / 0413 051 235
Email: dg@gunningcommercial.com

Tom Speakman
Phone: 9698 0222 / 0412 891 330
Email: ts@gunningcommercial.com

For more details, please email agent

Gunning Commercial

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


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