Lot 86, 3 Mungo Place,
Summer Hill, NSW 2130
Shops & Retail • Showrooms & Large Format Retail • Offices
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Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
Lot 86, 3 Mungo Place
Summer Hill, NSW 2130
Map of Lot 86, 3 Mungo Place
Renewed Leased Term - Creative Art Studio Investment
- Desirable Summer Hill Location
- Fixed 4% Annual Rent Increases
- Net Income $43,815 pa* + GST
Burgess Rawson is pleased to present Paper Rock Scissors, Summer Hill to the market for sale via Investment Portfolio Auction 158.
The investment has the following key investment highlights:
+ Renewed lease term to December 2026 plus option
+ Paper Rock Scissors Art Studios: High performing Sydney creative retailer with an established customer base and additional locations, offering after school programs, high school art classes, birthday parties, holiday workshops, wine & cheese and art, and much more***
+ Fixed 3% increases insuring strong rental growth
+ Minimal management required, easy single tenant investment
+ Summer Hill: prestigious Inner-West suburb 7km from Sydney CBD, 850m* walk to the Summer Hill train station and within proximity to Woolworths anchored and Abacus & ISPT owned Ashfield Mall comprising of 24,791 sqm of retail and 5 levels of parking for 1,070 vehicles****
+ Benefiting from the Summer Hill Flour Mill community with 3,000+* commuters passing through daily, 7,311 residents* and the Flour Mill Summer Hill markets occurring every first and third Sunday of the month*****
+ Family oriented community supported by 850+ dwellings in the immediate area and above, and access to Sydney’s Inner-West population of 183,000+ people**
+ Net Income: $43,815 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 21 February 2023
Yallamundi Rooms, Sydney Opera House
A further 3 Summer Hill investments are also available.
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approximately
**Inner-West Council
***Paperrockscissors.com.au
****ISPT
*****summerhillflourmill.com.au
The investment has the following key investment highlights:
+ Renewed lease term to December 2026 plus option
+ Paper Rock Scissors Art Studios: High performing Sydney creative retailer with an established customer base and additional locations, offering after school programs, high school art classes, birthday parties, holiday workshops, wine & cheese and art, and much more***
+ Fixed 3% increases insuring strong rental growth
+ Minimal management required, easy single tenant investment
+ Summer Hill: prestigious Inner-West suburb 7km from Sydney CBD, 850m* walk to the Summer Hill train station and within proximity to Woolworths anchored and Abacus & ISPT owned Ashfield Mall comprising of 24,791 sqm of retail and 5 levels of parking for 1,070 vehicles****
+ Benefiting from the Summer Hill Flour Mill community with 3,000+* commuters passing through daily, 7,311 residents* and the Flour Mill Summer Hill markets occurring every first and third Sunday of the month*****
+ Family oriented community supported by 850+ dwellings in the immediate area and above, and access to Sydney’s Inner-West population of 183,000+ people**
+ Net Income: $43,815 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 21 February 2023
Yallamundi Rooms, Sydney Opera House
A further 3 Summer Hill investments are also available.
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approximately
**Inner-West Council
***Paperrockscissors.com.au
****ISPT
*****summerhillflourmill.com.au
Property ID: 504141223Last Updated: 7 Feb 2024
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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