Pymble_argo Restaurant

Description

Immaculate fully leased freehold investment on Sydney’s Upper North Shore.
Secure 7 year lease to successful Restauranteur to 2020 plus options to 2030.
High-end restaurant/bar, licensed for 90 patrons (current use since 1995)
440 sqm building plus 10 car spaces with rear lane access.
Prominent frontage with excellent exposure to Pacific Highway and only 300 m from Pymble Railway Station.
Pymble is an affluent suburb just 15 km from Sydney CBD.
R4 High Residential Zoning allowing residential development upside (STCA) as per lease.
Attractive 3% annual rent increases (restaurant tenant).
Net Income: $191,439 pa + GST.

Kieran Bourke 0417 418 007

CO AGENT
Colliers North Sydney
Ben Kirby 0405 770 075

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PYMBLE, NSW

1047 1047 Pacific Highway

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