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A valued proposition to acquire two freehold properties spanning 316 sqm* site area. The assets are fully leased to two long-term tenants, anchored by Urban Nomad Backpackers offering up to 116 beds, together with a ground floor café tenancy. Strategically located in one of Sydney’s most connected inner-city precincts, the properties provide excellent connectivity to major landmarks, transport links, and Sydney’s Eastern Suburbs beaches.
Key Highlights:
• Anchored by two long leases providing secure income with a WALE by income: 4 Years
• Moments to vibrant retail and dining precincts
• Net income: $495,071 per annum
• Future value-add potential through redevelopment (STCA)
• Will be sold in one line
142 & 144 Victoria Street, Potts Point is offered for Public Auction on Tuesday the 23rd September at 5pm (AEST), held at Cooley Auction Rooms, Level 1, 29-33 Bay Street, Double Bay, 2028.
For more information, or to arrange an inspection, please contact the exclusive agents:
Harry Bui - 0418 477 888
Charles Raine - 0497 534 874
Remember to mention you found this property on CommercialReady
A valued proposition to acquire two freehold properties spanning 316 sqm* site area. The assets are fully leased to two long-term tenants, anchored by Urban Nomad Backpackers offering up to 116 beds, together with a ground floor café tenancy. Strategically located in one of Sydney’s most connected inner-city precincts, the properties provide excellent connectivity to major landmarks, transport links, and Sydney’s Eastern Suburbs beaches.
Key Highlights:
• Anchored by two long leases providing secure income with a WALE by income: 4 Years
• Moments to vibrant retail and dining precincts
• Net income: $495,071 per annum
• Future value-add potential through redevelopment (STCA)
• Will be sold in one line
142 & 144 Victoria Street, Potts Point is offered for Public Auction on Tuesday the 23rd September at 5pm (AEST), held at Cooley Auction Rooms, Level 1, 29-33 Bay Street, Double Bay, 2028.
For more information, or to arrange an inspection, please contact the exclusive agents:
Harry Bui - 0418 477 888
Charles Raine - 0497 534 874
Remember to mention you found this property on CommercialReady
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