Raine and Horne Commercial are pleased to offer for sale by public auction 261 Bondi Road, Bondi tenanted by an established food, beverage and accommodation group on a new 5 year term.
OPEN THURSDAY 19TH SEPTEMBER:
12:30pm – 1:00pm
5:15pm – 5:45pm
This two level freehold shop and residence has been fully renovated throughout and is located in the coveted Bondi Road commercial precinct.
Situated on a 152sqm* site, featuring dual frontage to Bondi Road and Boonara Lane with off street parking.
Only some 500 meters to the world-famous Bondi Beach, this investment property is surrounded by some of Sydney’s most popular retailers and eateries, close proximity to the Royal Hotel, which was recently acquired by Justin Hemmes, moments to Bondi Junction as well as being serviced by excellent public transport.
261 Bondi Road, Bondi benefits from the following attributes:
New 5 year lease to established food, beverage and accommodation group
Current net rent – $150,000 per annum plus GST
Rear access and parking via Boonara Lane
Two street frontages
Land area – 152 sqm (approx)
Building area – 145 sqm (approx)
Completely renovated throughout
Shop and separate 1 – 2-bedroom residence
Brand new kitchen fit-out with mechanical exhaust and grease trap
Coveted suburb with strong property market