Shop 1, 76 Mitchell Road,
Alexandria, NSW 2015
$4 Million (negotiable)
Key property information
Tenanted Investment Details
Map of Shop 1, 76 Mitchell Road
Train stations within 5 km of Shop 1, 76 Mitchell Road, Alexandria, NSW 2015 Distance Erskineville Station 700 m Macdonaldtown Station 895 m Green Square Station 985 m Redfern Station 1.1 km St Peters Station 1.3 kmPOWERED BY HERE © Tram stops within 5 km of Shop 1, 76 Mitchell Road, Alexandria, NSW 2015 Distance Central Station Light Rail 2.4 km Exhibition Light Rail Station 2.7 km Pyrmont Bay Light Rail Station 3.5 km Rozelle Bay Light Rail Station 3.7 km John Street Square Light Rail 3.7 kmPOWERED BY HERE © Bus stops within 5 km of Shop 1, 76 Mitchell Road, Alexandria, NSW 2015 Distance Mitchell Rd Opp Fountain St 53 m Mitchell St at Buckland St 115 m Fountain St Opp Lawrence St 124 m Mitchell Rd After Copeland St 130 m Mitchell Rd Opp Copeland St 156 mPOWERED BY HERE ©
STREET FRONT RETAIL with LONG LEASE
- LONG TERM SECURE TENANT
- ALL OUTGOINGS PAID BY THE TENANT
- LANDMARK CORNER LOCATION
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.
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
USE: FOOD AND BEVERAGE / RESTAURANT OR BAR USE
SIZE: 220sqm NLA + Car Space
GREASE ARRESTOR & MECHANICAL EXHAUST
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.
0412 034 2...
SOUTH SYDNEY COMMERCIAL
Thinking Outside the Square Metre (R)
Property ID: 503955290Last Updated: 25 May 2022