10 year lease to established operator
Options to 2034
Rare 5% annual rent increases ($307,000 in 2019, $373,000 in 2024)
High profile location on main arterial road
56 m frontage to 46,100 cars daily
Purpose built improvements
Large corner block of land (1,788sqm )
Tenant pays all outgoings, as per lease
“Set and forget’ investment
Net Income: $230,000 pa + GST

Auction 2pm Tues 5 August, 50 Margaret St Sydney

Michael Gilbert 0430 024 790

CO-AGENT – CBRE
Tim Grosmann 0421 042 722