5 & 20/76 Mountain Street,
Ultimo, NSW 2007

Shops & Retail • Showrooms & Large Format Retail

Key property information

Land area

Floor area

Car spaces

Tenure type

Sold on

Map of 5 & 20/76 Mountain Street

Directions

SOLD - Secure Restaurant Investment

Gunning is privileged to offer for sale by public auction this opportunity to acquire a very strong retail investment in one of Sydney's thriving CBD-fringe precincts.

Property/Lease Details:
> $52,142+GST net pa
> 155sqm retail shop
> Commercial kitchen
> New restaurant fit-out
> 3+3 year lease (commenced 2015)
> Secure car space
> Outgoings - $14,374 pa (approx)

Location Details:
> Prime city-fringe location
> Surrounded by Sydney's top universities and educational institutions
> Secured by high density residential and commercial accommodation
> Walking distance to Central's train and bus stations

For further information or to request an inspection, please don't hesitate to contact the agents.

Ultimo, 2007 demographic data

The median household income for Ultimo is $1,805, 13% lower than Greater Sydney's household income of $2,077. Ultimo has a younger age profile compared to the rest of Greater Sydney (median age 30 vs 37). Property ownership data shows 47% of property owners in Ultimo have a mortgage.

7,410

Population

$1,805 per week

Median household income

30 years

Median age

Renters

Most residents

Families

Most households