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Retail

7 Kellett Street POTTS POINT, NSW 2011

Sold on 13 May 2013
  • Building/Land: 150m²
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Retail in POTTS POINT

Investment 8.5% Plus Return

  • Building/Land: 150m²

Rare opportunity to secure a restaurant and bar in the heart of Sydney's entertainment precinct. Situated on the ground floor of a grand old terrace in the centre of Potts Point. A well known and established city fringe location to some of Sydney's newest and highly regarded restaurants and bars.

This property has been operating as a restaurant/bar for over 15 years and boasts a restaurant liquor license and an approval to trade from 7am to 3am. The property comprises of an internal area of 140sqm with a 10sqm on title alfresco courtyard. Featuring high ceilings, large French doors opening onto the courtyard, internal amenities and rear lane access for deliveries.

- 150sqm (approx)

- DA approved restaurant/bar to trade from 7am to 3am

- On premise liquor license

- Rare opportunity in a tightly held area

- Gross rent $135,000 + GST pa

- 5 + 5 year Lease

- 4% annual increases

- 3 month Bank Guarantee

- Price on application

Contact James Griffiths to inspect 0415 371 668

Building:

150m²

Land:

150m² / 0.04 acres

7 Kellett Street, POTTS POINT, NSW 2011