Raine and Horne Commercial is pleased to present for sale by public auction an outstanding entry level City Fringe retail investment located at 56 – 58 Bay St, Ultimo.
• Prime city-fringe location
• Opposite Broadway Shopping Centre
• Surrounded by Sydney’s top universities and educational institutions
• Secured by high density residential and commercial accommodation
• Walking distance to Central train and bus stations
• Lease term Five (5) years no options
• Current net rent – $98,226 per annum plus GST
• Building area – 120 Sqm (app) Inc. Outdoor Courtyard on title
• Wide retail frontage of approximately 13 meters (app)
• Full kitchen with mechanical ventilation and grease trap
• Undercover parking on title
• Tenant has been trading strongly at this site for many years and has been providing high quality food and coffee
Rare investment opportunity in this location.