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Cushman & Wakefield - Sydney

Shop 18 Opera Quay’s, 1A Macquarie Street Sydney, NSW 2000

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Shop 18 Opera Quay’s, 1A Macquarie Street
Sydney, NSW 2000

Shop & Retail • Other

Price information

Sale

Contact Agent

Floor area

408.0m²

Property extent

Partial

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$880,631
Cushman & Wakefield - Sydney
Shop 18 Opera Quay’s, 1A Macquarie Street
Sydney, NSW 2000
Ryan Cross
Anthony Bray

Cushman & Wakefield - Sydney

Level 22, 1 O'Connell Street
SYDNEY, NSW 2000

Map of Shop 18 Opera Quay’s, 1A Macquarie Street

Directions

Premium investment indexed to 2029 - Buckley’s Bar Circular Quay

  • Renewed 15 year lease to 2029
  • Fixed 4% annual rent increase
  • Net Income $880,631 pa + GST
Cushman & Wakefield are pleased to present for sale Shop 18 Opera Quay’s, 1A Macquarie Street Sydney.

The property has the following key characteristics:

• Renewed 15 year lease to 2029
• Net Income $880,631 pa + GST
• Fixed 4% annual rent increase
• High-performing retail investment in the iconic Opera Quays building
• Retail Shop 18 Opera Quays is secured by an industry leading food and beverage company. Site was established in 1999 and has operated as a bar and entertainment venue since
• Circular Quay, known worldwide as Australia’s most visited tourist destination. The promenade along Circular Quay is the main thoroughfare to the iconic Sydney Opera House
• Hoteliers licence on title for between 350 - 500 patrons
• Dedicated exclusive use of common property for outdoor seating
• Lessee holds outdoor license for 56 seats undercover overlooking scenic waterfront

Please contact the Exclusive agents at Cushman & Wakefield for further information.

Property ID: 503329842Last Updated: 9 Dec 2019

Agency contacts

Cushman & Wakefield - Sydney

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Cushman & Wakefield - Sydney

Level 22, 1 O'Connell Street
SYDNEY, NSW 2000
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Ryan Cross

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Ryan Cross
Cushman & Wakefield - Sydney
Shop 18 Opera Quay’s, 1A Macquarie Street Sydney, NSW 2000

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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