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Shop 1, 76 Mitchell Road Alexandria, NSW 2015

Directions

Shop 1, 76 Mitchell Road,
Alexandria, NSW 2015

Shop & Retail • Showrooms & Large Format Retail

Price information

Sale

$4 Million (negotiable)

Key property information

Floor area

Car spaces

Parking info

Zoning

Tenure type

Return

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$192,320
Number of Tenants
1 Tenant
Tenants / Type
Gypsy Coffee Roasters

Private inspections

to arrange a private inspection.

Map of Shop 1, 76 Mitchell Road

Directions
  • Train stations within 5 km of Shop 1, 76 Mitchell Road, Alexandria, NSW 2015Distance
    Erskineville Station700 m
    Macdonaldtown Station895 m
    Green Square Station985 m
    Redfern Station1.1 km
    St Peters Station1.3 km
    POWERED BY HERE ©
  • Tram stops within 5 km of Shop 1, 76 Mitchell Road, Alexandria, NSW 2015Distance
    Central Station Light Rail2.4 km
    Exhibition Light Rail Station2.7 km
    Pyrmont Bay Light Rail Station3.5 km
    Rozelle Bay Light Rail Station3.7 km
    John Street Square Light Rail3.7 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Shop 1, 76 Mitchell Road, Alexandria, NSW 2015Distance
    Mitchell Rd Opp Fountain St53 m
    Mitchell St at Buckland St115 m
    Fountain St Opp Lawrence St124 m
    Mitchell Rd After Copeland St130 m
    Mitchell Rd Opp Copeland St156 m
    POWERED BY HERE ©
POWERED BY HERE ©

STREET FRONT RETAIL with LONG LEASE

  • LONG TERM SECURE TENANT
  • ALL OUTGOINGS PAID BY THE TENANT
  • LANDMARK CORNER LOCATION
Shop 1 is located on the high exposure corner of Mitchell Road and Fountain Street ALEXANDRIA NSW 2015 approx 400 metres from the Australian Technology Park.

FOR SALE by private treaty is a very rare opportunity to secure this long term leased Food and Beverage use property investment on a prominent corner position in the city fringe of Sydney.

LEASE PARTICULARS:
TENANT: Went to see the Gypsy
TERM: 10 Years (remainder of being 7 years)
OPTION: 5 + 5 Years
RENT: $192,320 net pa + GST
INCREASES: 3% pa
SECURITY: Six (6) Months Rent + GST
OUTGOINGS: 100% property outgoings paid by the tenant

PROPERTY PARTICULARS:
USE: FOOD AND BEVERAGE / RESTAURANT OR BAR USE
SIZE: 220sqm NLA + Car Space
Incl:
GREASE ARRESTOR & MECHANICAL EXHAUST
HIGH CEILINGS
100 AMPS 3 PHASE POWER

ABOUT THE TENANT:
Went to see the Gypsy is a privately owned licensed Cafe/Restaurant that is operated and managed by the successful Hospitality Management Group, serving modern Australian food, exceptional coffee and alcohol this cafe/restaurant has become a go to location for local residents, get togethers and business meetings.

Huge Depreciation! Schedule Available.

If you are looking for a secure long term investment, this is the one!

Call me for an immediate inspection and the Information Memorandum.

Contact:
Craig Carroll
0412 034 2...
SOUTH SYDNEY COMMERCIAL
Thinking Outside the Square Metre (R)

Property ID: 503955290Last Updated: 25 May 2022

0412 034 2...
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Shop 1, 76 Mitchell Road
Alexandria, NSW 2015
South Sydney Commercial - Alexandria
THE MEZZANINE, Suite 4, 112 McEvoy Street
ALEXANDRIA, NSW 2015
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