Shop 1/56-58 Bay Street, Ultimo, NSW 2007

  • 120 sqm
  • 1

Auction

AUCTION - Wednesday 18th November @ 12 noon

AFFORDABLE CITY FRINGE RETAIL INVESTMENT

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.

Location Details:

• 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

Property Details:

• 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.

Auction:
  • Wed November 18 at 12:00PM
Property Info:
  • Property ID: L4020834
  • Property Type: Retail
  • Building / Floor Area: 120 sqm
  • Car Spaces: 1
  • Land Area: 137.0 sqm