FANTASTIC OPPORTUNITY: Established tenant and winner of Moran National Art prize. Long lease 5+5+5 years with rental increases every year. Current rent $56,971 NET Per Annum + GST.
Shop with residence having a good size frontage of approximately 4.5 metres to King Street. This property presents a rare opportunity for an investor to acquire a well positioned and solid investment property in Sydney’s busy and ever popular King Street retail strip. This quality offering has the added potential for strong future capital growth and rising rental income returns. Zoned General Business, under the City of Sydney Council which permits a variety of uses ranging from restaurant/Caf, fashion, ice cream, gifts store, etc. Total floor area approx 105 sqm. (Fabulous Investment Property for DIY Superfund)