Shop 4, 83 Mount Street,
North Sydney, NSW 2060
Shops & Retail • Other
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CBRE - Sydney
Level 21, 363 George StreetSYDNEY, NSW 2000
Shop 4, 83 Mount Street
North Sydney, NSW 2060
Map of Shop 4, 83 Mount Street
DESIRABLE INVESTMENT WITH HIGHLY RATED ESTABLISHED JAPANESE RESTAURANT ON LONG-TERM LEASE
- Net Income:$57,098* + 4% increases p.a.
- Lease to 31 Aug 2026 + options to 2036
- In the heart of busy North Sydney CBD
CBRE, as the exclusive listing agent is pleased to present Shop 4, 83 Mount Street, North Sydney. A secure investment opportunity situated in the heart of North Sydney’s bustling business precinct. Having been a popular Japanese restaurant for over 10 years, the property has become a local institution with a loyal customer base. The tenant, Taruhachi Bento, is extremely highly rated with 4.7 stars out of 5 on Google from over 250 reviews cementing it as one of the best and most popular restaurants in North Sydney. The lease has just been extended by the tenant to 31 August 2026 with options to 2036. With 4% fixed annual reviews, a bank guarantee and guarantor the lease ticks all the boxes of the most discerning investors. Further to this, North Sydney is undergoing a phase of unprecedented growth with commercial and residential development which will only strengthen the customer base.
Shop 4, 83 Mount Street, North Sydney benefits from the following key attributes:
•Net annual Income of $57,098* secured by a Bank Guarantee and Guarantor
•Lease to 31 August 2026 with options to 2036
•Valuable fixed 4% annual rental increases
•Highly rated and established Japanese Restaurant tenant
•Situated in the heart of the bustling North Sydney central business precinct
•Unprecedented growth with commercial and residential development in the area, strengthening the tenant's customer base
For more information or to request access to the due diligence room, please contact the exclusive selling agents.
*Approx.
Shop 4, 83 Mount Street, North Sydney benefits from the following key attributes:
•Net annual Income of $57,098* secured by a Bank Guarantee and Guarantor
•Lease to 31 August 2026 with options to 2036
•Valuable fixed 4% annual rental increases
•Highly rated and established Japanese Restaurant tenant
•Situated in the heart of the bustling North Sydney central business precinct
•Unprecedented growth with commercial and residential development in the area, strengthening the tenant's customer base
For more information or to request access to the due diligence room, please contact the exclusive selling agents.
*Approx.
Property ID: 503841018Last Updated: 1 Mar 2022
CBRE - SydneyLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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