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Laing and Simmons Commercial have the pleasure to offer for sale by Expression of Interest this outstading retail investment located in thriving Oxford St Darlinghurst and leased to a proven hospitality operator.
NOW THE EXCITING STUFF:
How's the location. This is without question the most iconic entertainment precincts in Sydney brimming with trendy cafes, too-cool-for-school bars and renowned restaurants, so what better place to park your investment dollars. And when it comes to commercial investments, this one ticks all the boxes. Top of the list, it's a freehold opportunity home to Paski - a thriving dual-level wine bar/restaurant offering solid returns, favourable lease options and plenty of upside growth. Bingo. Also moments from the St Vincent's Hospital Precinct, a choice of bus routes and Kings Cross Station (one stop to the CBD), it's clear why this tourist mecca is such an epicenter of activity 24/7 and perfect place to invest.
THE OTHER BITS:
• Land size 93sqm (approx.)
• Building area 150sqm (approx.)
• Lease term - 5 x 5 years
• Net income $86,528 per annum plus GST (as at 1st July 2023)
• Zoned Business 3
• Liquor license
• Rear access via Sturt Street
• Strong foot traffic 7 days/nights a week
THE FINAL WORD
Amazing Space....With An Even More Amazing Tenant
The property is For Sale By Expression of Interest Closing Tuesday 21st November at 5 p.m.
Remember to mention you found this property on CommercialReady
Laing and Simmons Commercial have the pleasure to offer for sale by Expression of Interest this outstading retail investment located in thriving Oxford St Darlinghurst and leased to a proven hospitality operator.
NOW THE EXCITING STUFF:
How's the location. This is without question the most iconic entertainment precincts in Sydney brimming with trendy cafes, too-cool-for-school bars and renowned restaurants, so what better place to park your investment dollars. And when it comes to commercial investments, this one ticks all the boxes. Top of the list, it's a freehold opportunity home to Paski - a thriving dual-level wine bar/restaurant offering solid returns, favourable lease options and plenty of upside growth. Bingo. Also moments from the St Vincent's Hospital Precinct, a choice of bus routes and Kings Cross Station (one stop to the CBD), it's clear why this tourist mecca is such an epicenter of activity 24/7 and perfect place to invest.
THE OTHER BITS:
• Land size 93sqm (approx.)
• Building area 150sqm (approx.)
• Lease term - 5 x 5 years
• Net income $86,528 per annum plus GST (as at 1st July 2023)
• Zoned Business 3
• Liquor license
• Rear access via Sturt Street
• Strong foot traffic 7 days/nights a week
THE FINAL WORD
Amazing Space....With An Even More Amazing Tenant
The property is For Sale By Expression of Interest Closing Tuesday 21st November at 5 p.m.
Remember to mention you found this property on CommercialReady
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