- Unique retail investment opportunity
- Landmark location on Sydney Harbour
- Kiosk retail space adjoining luxury pier apartments
- Long term tenancy in place with a 5 year option
- Tenant is a high profile restaurateur, Ventuno Pizzeria
- Net income: $38,574 per annum approx.
- Secure lease with bond and personal guarantee
- Premium exposure to an endless flow of pedestrian traffic
- Large bi-fold doors opening onto the promenade
- Internal and external spaces included
- Suit a variety of businesses i.e. florist, cafe, etc
- Modern and stylish presentation
- Prestigious location near Barangaroo
- Vibrant arts precinct, walk to theatre

19 Hickson Road at Walsh Bay enjoys a high profile and historic waterfront position surrounded by distinguished business, first class hotels and established cafes and restaurants including Fratelli Fresh and Ventuno. This unique and envious location is ultra-convenient to Wynyard, The Rocks, Circular Quay, Cockle Bay and the much anticipated Barangaroo development.

SIZE - LOT 141
Internal retail area - 16m2 approx.
External outdoor seating area - 147m2 approx.
Total - 163m2 approx.

TENANCY STATUS - LEASED
Tenant - Progetti Pty Ltd trading as Ventuno Pizzeria
Lease term - 3+5 years, commencing Jun-2015
Rental - $50,000 per annum plus GST if applicable
Rental increases - CPI annually
Lease security - $9,166 BG plus Director's Personal Guarantee

OUTGOINGS - PAYABLE BY LANDLORD
Strata levies - $2,654 per annum approx.
Rubbish removal - $4,863 per annum approx.
Cleaning materials - $2,561 per annum approx.
Council rates - $680 per annum approx.
Water rates - $668 per annum approx.
Total - $11,426 per annum approx.

CONTACT DETAILS
Tim Noonan - 0416 286 1...
Ross Ladd - 0449 286 129
Noonan Property - 02 9231 60...