7 Kellett Street,
Potts Point, NSW 2011

Shops & Retail

Key property information

Floor area

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Map of 7 Kellett Street

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Impressive Potts Point Investment

Rare investment opportunity in the heart of the Potts Point entertainment precinct. Located on Kellett Street, an established street packed with first class food and beverage operators. Available with one of the best liquor licences in Sydney permitting trade from 7am to 3am. Leased to the international award winning Grant Collins, food and beverage consultant (venues in the USA, UK, Asia and Australia, including Zeta Bar, Hilton Hotel in Sydney and Hilton Hotels in Melbourne, Surfers Paradise and Adelaide. Water Bar, W Hotel in Woolloomooloo - The Coogee Bay Hotel - The White Hart, Neutral Bay - The Ivanhoe, Manly - Laneway Lounge, Perth).

- Restaurant/Bar
- New high quality fit-out from "Edge Design Studio" (Manly Wharf Hotel, The London - Paddington, Barrio Chino - Potts Point etc)
- New 6 plus 6 year lease to an industry leader trading as ''The Powder Keg''
- Net income $122,000 per annum plus GST (approx.)
- Fixed rental growth of 4% per annum
- Approximately 150 sqm (including valuable outdoor area of 19 sqm)
- Liquor licence with "Primary Service Authorisation" and "Extended Trading Hours Authorisation"
- Rare opportunity to purchase a high quality long term investment in this tightly held retail precinct

Call James Griffiths on 0415 371 6... for more information

Potts Point, 2011 demographic data

The median household income for Potts Point is $2,054, 1% lower than Greater Sydney's household income of $2,077. Potts Point has a similar age profile compared to the rest of Greater Sydney (median age 37). Property ownership data shows 46% of property owners in Potts Point have a mortgage.

7,183

Population

$2,054 per week

Median household income

37 years

Median age

Renters

Most residents

Singles

Most households

04153716...