Shop 1, 55 Lavender Street,
Milsons Point, NSW 2061
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Colliers - Sydney North
Level 42, 100 Miller StreetNORTH SYDNEY, NSW 2060
04056936...
Shop 1, 55 Lavender Street
Milsons Point, NSW 2061
Map of Shop 1, 55 Lavender Street
RARE ~5.5% NET CAFÉ INVESTMENT
- ~5.5% NET YIELD
- 5 + 5 + 5 YEAR COVENANT
- HARBOUR BRIDGE VIEWS
Colliers are pleased to present For Sale Shop 1 in 55 Lavender Street, a secure ‘sit and forget’ passive retail strata investment positioned at the base of the tightly held Mirvac-developed “Latitude” building in one of Australia’s most affluent locations.
The tenancy benefits from exclusive use of a ~100sqm sun-lit balcony that offers amazing Harbour Bridge views, as well as access to a range of building amenities including a heated indoor pool, gym, sauna and spa.
Testament to the desirability of the location is the recent nearby opening of the hugely popular, “Loulou” French Bistro, reinforcing Lavender Street as a vibrant residential, recreational and commercial locale.
Key Highlights:
+ Leased to “Latitude Café” on a 5+5+5 year term
+ Well-equipped kitchen; efficient layout
+ Incredibly rare Lower North Shore position with Sydney Harbour views
+ Superb + Exclusive use of ~100 sqm balcony + 4 sqm storage room on title
+ Access to building facilities; heated indoor pool, gym, spa, sauna
+ Surrounded by amenity world-renown amenity
+ Transport connectivity; Milsons Point Train/Bus Interchange (300m), North Sydney Train/Bus Interchange Station (450m)
For further information and/or to arrange a private inspection, please contact the exclusive listing agents.
The tenancy benefits from exclusive use of a ~100sqm sun-lit balcony that offers amazing Harbour Bridge views, as well as access to a range of building amenities including a heated indoor pool, gym, sauna and spa.
Testament to the desirability of the location is the recent nearby opening of the hugely popular, “Loulou” French Bistro, reinforcing Lavender Street as a vibrant residential, recreational and commercial locale.
Key Highlights:
+ Leased to “Latitude Café” on a 5+5+5 year term
+ Well-equipped kitchen; efficient layout
+ Incredibly rare Lower North Shore position with Sydney Harbour views
+ Superb + Exclusive use of ~100 sqm balcony + 4 sqm storage room on title
+ Access to building facilities; heated indoor pool, gym, spa, sauna
+ Surrounded by amenity world-renown amenity
+ Transport connectivity; Milsons Point Train/Bus Interchange (300m), North Sydney Train/Bus Interchange Station (450m)
For further information and/or to arrange a private inspection, please contact the exclusive listing agents.
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
Colliers - Sydney NorthLevel 42, 100 Miller Street
NORTH SYDNEY, NSW 2060
NORTH SYDNEY, NSW 2060
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