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RWC - Sydney City Fringe

Shop, 88-90 Rider Boulevard Rhodes, NSW 2138

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

Shops & Retail • Medical & Consulting

Key property information

Floor area

Car spaces

Property extent

Tenure type

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RWC - Sydney City Fringe
Kristian Morris

RWC - Sydney City Fringe

Suite 9, 198 St Johns Road
GLEBE, NSW 2037
04114152...
RWC - Sydney City Fringe
Shop, 88-90 Rider Boulevard
Rhodes, NSW 2138

Map of Shop, 88-90 Rider Boulevard

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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 2...
kristian.morris@raywhite.com

*approx

Additional information

Rhodes, 2138 demographic data

The median household income for Rhodes is $2,183, 5% higher than Greater Sydney's household income of $2,077. Rhodes has a younger age profile compared to the rest of Greater Sydney (median age 32 vs 37). Property ownership data shows 70% of property owners in Rhodes have a mortgage.

11,453
Population
$2,183 per week
Median household income
32 years
Median age
Renters
Most residents
Families
Most households
RWC - Sydney City Fringe
Suite 9, 198 St Johns Road
GLEBE, NSW 2037

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