88 Alfred Street,
Milsons Point, NSW 2061
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Savills - Sydney CBD
Level 25, 1 Farrer PlaceSYDNEY, NSW 2000
04142594...
88 Alfred Street
Milsons Point, NSW 2061
Map of 88 Alfred Street
Blue Chip Supermarket Investment in Sydney Harbourside Location - Ten (10) Year Lease
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Savills as the exclusive selling agent, is pleased to present 88 Alfred Street, Milsons Point. This is your chance to secure a prime investment in Sydney’s second most liveable suburb. Having a strong performing tenant such as QE Foodstores already in place, allows for instant rental income.
• Boutique inner city supermarket with ten (10) year lease to proven operator QE Foodstores with 9 stores and annualised turnover c.$30m
• Bank guarantee and personal guarantee of the tenant provided
• Strong net income of $281,400 p.a with fixed annual rental increases of 3%
• Structured increases of 5% at the five (5), ten (10) and fifteen (15) year anniversaries
• Large 456sq m* ground floor area plus secure car space & storage with potential to subdivide at a future date if desired
• Highly secure investment with low exposure to land tax and significant tax saving depreciation benefits
• Sitting in one of Sydney’s most densely populated and affluent harbourside catchments opposite Milson’s Point Station, four (4) mins from Wynyard
• Sydney’s second most liveable suburb only a ten (10) minute walk to the Sydney CBD & North Sydney
• Surrounded by high rise residential apartments and office accommodation generating strong all day trade
*Approx.
Your opportunity to secure your place within one of Sydney’s most prestige harbourside suburbs – MILSONS POINT
For Sale by on-site Auction at 10.30am Saturday 10 November 2018
• Boutique inner city supermarket with ten (10) year lease to proven operator QE Foodstores with 9 stores and annualised turnover c.$30m
• Bank guarantee and personal guarantee of the tenant provided
• Strong net income of $281,400 p.a with fixed annual rental increases of 3%
• Structured increases of 5% at the five (5), ten (10) and fifteen (15) year anniversaries
• Large 456sq m* ground floor area plus secure car space & storage with potential to subdivide at a future date if desired
• Highly secure investment with low exposure to land tax and significant tax saving depreciation benefits
• Sitting in one of Sydney’s most densely populated and affluent harbourside catchments opposite Milson’s Point Station, four (4) mins from Wynyard
• Sydney’s second most liveable suburb only a ten (10) minute walk to the Sydney CBD & North Sydney
• Surrounded by high rise residential apartments and office accommodation generating strong all day trade
*Approx.
Your opportunity to secure your place within one of Sydney’s most prestige harbourside suburbs – MILSONS POINT
For Sale by on-site Auction at 10.30am Saturday 10 November 2018
Milsons Point, 2061 demographic data
The median household income for Milsons Point is $3,267, 57% higher than Greater Sydney's household income of $2,077. Milsons Point has an older age profile compared to the rest of Greater Sydney (median age 44 vs 37). Property ownership data shows 30% of property owners in Milsons Point have a mortgage.
2,529
Population
$3,267 per week
Median household income
44 years
Median age
Renters
Most residents
Families
Most households
Savills - Sydney CBDLevel 25, 1 Farrer Place
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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