Secure leases in near new development
Strong anchor tenant, loyal customer base
Valuable depreciation benefits available
Rare 4% annual rent increases
Booming Inner West suburb with further growth to come
White Bay redevelopment will be one of the largest in inner Sydney
M4-M5 link (Westconnex) $7 Bn infrastructure project incl. Rozelle rail yards easing congestion
Proposed Sydney Metro West rail link
Further population growth through increased medium density housing
Close proximity to Birkenhead Point just across Iron Cove Bridge
Young, wealthy demographic with high disposable income
Fruitologist - Shops C2-5, 2 Nagurra Place, Rozelle
Secure 10 year lease to 2026
10 year option to 2036
Famous Eastern Suburbs operator now in the Inner West
High quality food offering for wealthy local clientele
Trade is booming in the busy cafe
Large 352 sqm store with customer car parking below
Valuable depreciation benefits
Easily managed single tenant investment
Rare 4% annual increases
Tenants pay all outgoings, as per lease
Net income $232,536 pa + GST