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Shop, 88-90 Rider Boulevard, Rhodes, NSW, 2138

2. Property Highlights

RIVERSIDE LEASED INVESTMENT TO PROVEN OPERATOR
  • Highly exposed corner location
  • Net passing income of $177,144* p.a
  • Long lease to proven food operator

Ray White Commercial Sydney City Fringe is thrilled to present Lot 96, 88-90 Rider Boulevard, Rhodes for sale.

Located on a high-profile corner in the heart of Rhodes peninsula, this waterside mixed-use development by Mirvac is a fully fitted-out retail/F&B space that offers exceptional shopfront exposure and remarkable foot traffic.

Situated in close proximity to Rhodes Train Station, Waterside shopping centre, Ikea, and Concord Hospital, and with a projected surge in population growth in Rhodes, this property presents a golden opportunity for the astute investor.

KEY FEATURES:

Retail area of 155sqm*

Exclusive use of outdoor seating area on title

Net passing income of $177,144* per annum

Lessee pays 100% of outgoings

Leased to proven food operator Andiamo Restaurant with four locations across the inner west

4% fixed annual increases

One Basement car park on title

Fully equipped kitchen with ventilation and grease trap

Significant exposure and pedestrian flow in a tightly held submarket

Adjacent to high-performing retailers and service providers

Servicing one of the fastest-growing centers in Metro Sydney

For more information, please contact the exclusive selling agent:

Kristian Morris

Principal and Licensee in Charge

0411 415 297

kristian.morris@raywhite.com

*approx

Remember to mention you found this property on CommercialReady

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3. Property Location

Shop, 88-90 Rider Boulevard, Rhodes, NSW, 2138

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4. Due Diligence

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  • Site Summary
  • Development Pipeline
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  • Surrounding Amenity
Shop, 88-90 Rider Boulevard, Rhodes, NSW, 2138 Rhodes
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