Shop 2, 238 Palmer Street,
Darlinghurst, NSW 2010
Shops & Retail • Offices
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Map of Shop 2, 238 Palmer Street
CITY FRINGE RETAIL INVESTMENT
- Top performing Salon TWOSIXSIX
- Net income $40,560 per annum^
- 4% increases annually
DARLINGHURST'S HOTTEST HAIR SALON
CBRE, as the exclusive selling agent, is pleased to present Shop 2, 238 Palmer Street, Darlinghurst. The property is a boutique retail strata investment located on the ground floor of the highly sought after ‘Republic 1’ development. The salon has been operating from the Republic 1 development for over 5.5 years, making it a secure retail investment in the burgeoning suburb.
Shop 2, 238 Palmer Street, Darlinghurst benefits from the following key attributes:
• Desirable Sydney city fringe location
• Top performing tenant Salon TWOSIXSIX
• Net income: $40,560 per annum^
• 4% increases annually
• 100% of outgoings paid by tenant
• 3 + 3 + 3 year lease
• 42sqm^ strata area
• Positioned on the ground floor below the Republic 1 development, a premium residential terrace conversion
The property was sold via public auction at AuctionWORKS, Mezzanine Level, 50 Margaret Street, Sydney on Tuesday 10 October 2017.
Note: All financial figures have been provided by the vendor. Purchasers are advised to conduct their own independent due diligence
^Approximate
CBRE, as the exclusive selling agent, is pleased to present Shop 2, 238 Palmer Street, Darlinghurst. The property is a boutique retail strata investment located on the ground floor of the highly sought after ‘Republic 1’ development. The salon has been operating from the Republic 1 development for over 5.5 years, making it a secure retail investment in the burgeoning suburb.
Shop 2, 238 Palmer Street, Darlinghurst benefits from the following key attributes:
• Desirable Sydney city fringe location
• Top performing tenant Salon TWOSIXSIX
• Net income: $40,560 per annum^
• 4% increases annually
• 100% of outgoings paid by tenant
• 3 + 3 + 3 year lease
• 42sqm^ strata area
• Positioned on the ground floor below the Republic 1 development, a premium residential terrace conversion
The property was sold via public auction at AuctionWORKS, Mezzanine Level, 50 Margaret Street, Sydney on Tuesday 10 October 2017.
Note: All financial figures have been provided by the vendor. Purchasers are advised to conduct their own independent due diligence
^Approximate
Property ID: 502564070Last Updated: 27 Oct 2020
0403 230 0...
Shop 2, 238 Palmer Street
Darlinghurst, NSW 2010
CBRE - SydneyLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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