Nationally Tenanted Mixed-Use Freehold - Premium Sydney Lower North Shore
Description
Burgess Rawson is pleased to offer to the market 49 Willoughby Road, Crows Nest NSW for sale via our Investment Portfolio Auction 160.
The property has the following investment highlights:
+ New 5 year lease to December 2027 plus options to 2037
+ Kickin’Inn*: successful national seafood restaurant chain with 15 locations nationally & growing and an impressive Google review rating of 4.9 stars with over 400+ reviews**
+ Favourable rent reviews to the greater of CPI or fixed 3.5% annually
+ Highly desirable mixed-use Commercial and Residential freehold investment on Willoughby Road with exclusive alfresco dining
+ Strategically located within Crows Nest’s core retail and commercial precinct directly next door to QE Stores amongst national retailers including Chemist Warehouse, BWS and Coles
+ Crows Nest: affluent Lower North Shore suburb of Sydney, 5km*** from the CBD with a median house price of $2.7million**** and a high-density population catchment of 118,000+ within a 3km radius*****
+ Crows Nest is centered on the junction of five main roads providing connectivity to the greater Sydney regions
+ Net Income: $220,310 pa + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 9 May 2023
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information.
* www.kickininn.com.au
** www.google.com.au
*** Approximately
**** www.yourinvestmentpropertymag.com.au
***** gapmaps.com
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Contact agents
Yosh Mendis Head of Agency | Partner
0434 413 188Drew Mitchell
0498 018 606Geoff Sinclair Director
0451 462 759Enquiry Form
Crows Nest, NSW
49 Willoughby Road
- Sold Price: Contact Agent
This property was sold as part of Portfolio 160
Contact agents
-
Yosh Mendis Head of Agency | Partner
0434 413 188 -
Drew Mitchell
0498 018 606 -
Geoff Sinclair Director
0451 462 759