67 Willoughby Road,
Crows Nest, NSW 2065
Shops & Retail
Key property information
Floor area
Tenure type
Sold on
Map of 67 Willoughby Road
FIRST TIME OFFERED TO THE MARKET IN OVER 55 YEARS!
- Prime Willoughby Road Freehold
- Tenant in occupation for over 35 years
- Net Income: $125,000 + GST
As the Exclusive Selling Agent, CI Australia is delighted to offer 67 Willoughby Road, Crows Nest For Sale for the first time in over 55 years.
67 Willoughby Road has been occupied by a Crows Nest Dining Institution, Peter Pan’s Italian, for over 35 years. Peter Pan’s have signed a brand new 5 + 5 year lease and pay 100% of outgoings.
The property is located just 250m away from the Future Crows Nest Metro Station which is a game changer for this precinct.
67 Willoughby Road comprises a prime retail freehold situated in the heart of a thriving eat and drink precinct.
Key Investment Features Include:
• First time offered For Sale in over 55 years.
• Tenant in occupation for over 35 years.
• Prime Willoughby Road Freehold.
• Crows Nest Dining Institution.
• 250m to Crows Nest Metro Station.
• Brand New 5 + 5 year Lease.
• Tenant pays 100% of outgoings.
• 5.6m frontage.
• Located opposite Hume Street Thoroughfare.
• Net Income: $125,000 + GST.
The property is For Sale by Public Auction commencing 10:30am on Tuesday 27th August 2019.
The Auction will be held at AuctionWorks, Mezzanine Level at 50 Margaret Street, Sydney NSW 2000.
For further information or to arrange an inspection please contact:
Nick Lowry
Associate Director, Capital Transactions
+61 408 891 376
nlowry@ciaustralia.com.au
67 Willoughby Road has been occupied by a Crows Nest Dining Institution, Peter Pan’s Italian, for over 35 years. Peter Pan’s have signed a brand new 5 + 5 year lease and pay 100% of outgoings.
The property is located just 250m away from the Future Crows Nest Metro Station which is a game changer for this precinct.
67 Willoughby Road comprises a prime retail freehold situated in the heart of a thriving eat and drink precinct.
Key Investment Features Include:
• First time offered For Sale in over 55 years.
• Tenant in occupation for over 35 years.
• Prime Willoughby Road Freehold.
• Crows Nest Dining Institution.
• 250m to Crows Nest Metro Station.
• Brand New 5 + 5 year Lease.
• Tenant pays 100% of outgoings.
• 5.6m frontage.
• Located opposite Hume Street Thoroughfare.
• Net Income: $125,000 + GST.
The property is For Sale by Public Auction commencing 10:30am on Tuesday 27th August 2019.
The Auction will be held at AuctionWorks, Mezzanine Level at 50 Margaret Street, Sydney NSW 2000.
For further information or to arrange an inspection please contact:
Nick Lowry
Associate Director, Capital Transactions
+61 408 891 376
nlowry@ciaustralia.com.au
Crows Nest, 2065 demographic data
The median household income for Crows Nest is $2,614, 26% higher than Greater Sydney's household income of $2,077. Crows Nest has a younger age profile compared to the rest of Greater Sydney (median age 36 vs 37). Property ownership data shows 54% of property owners in Crows Nest have a mortgage.
4,974
Population
$2,614 per week
Median household income
36 years
Median age
Renters
Most residents
Families
Most households
02 9925 00...
67 Willoughby Road
Crows Nest, NSW 2065
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