Entry Level Sydney Café Investment
Description
Burgess Rawson is pleased to present Soul Tree Café, Summer Hill to the market for sale via Investment Portfolio Auction 158.
The investment has the following key investment highlights:
+ 7 year lease to Dec 2028
+ Soul Tree Café: healthy, organic café and restaurant serving Summer Hill’s vast residential community***
+ Guaranteed rental growth with fixed 3.5% annual rent increases
+ Extensive purpose built fit-out and alfresco seating
+ Part of ‘The Flour Mill’ of Summer Hill’s landmark silos
+ Summer Hill: prestigious Inner-West suburb 7km from Sydney CBD, 850m* walk to the Summer Hill train station and within proximity to Woolworths anchored and Abacus & ISPT owned Ashfield Mall comprising of 24,791 sqm of retail and 5 levels of parking for 1,070 vehicles****
+ Benefiting from the Summer Hill Flour Mill community with 3,000+* commuters passing through daily, 7,311 residents* and the Flour Mill Summer Hill markets occurring every first and third Sunday of the month*****
+ Soul Tree Café is supported by 850+ dwellings in the immediate area and above, and access to Sydney’s Inner-West population of 183,000+ people**
+ Net Income: $44,715 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 21 February 2023
Yallamundi Rooms, Sydney Opera House
A further 3 Summer Hill investments are also available.
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approximately
**Inner-West Council
***Soul Tree Café
****ISPT
*****summerhillflourmill.com.au
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Contact agents
Yosh Mendis Head of Agency | Partner
0434 413 188Geoff Sinclair Director
0451 462 759Enquiry Form
Summer Hill, NSW
Lot 136, 5-7 Mungo Scott Place
- Sold Price: Contact Agent
This property was sold as part of Portfolio 158
Contact agents
-
Yosh Mendis Head of Agency | Partner
0434 413 188 -
Geoff Sinclair Director
0451 462 759