Colliers offers the retail at 73-75 Bayswater Road, Potts Point for sale.
73-75 Bayswater Road presents an opportunity to acquire the ultimate investment just minutes from Sydney CBD, within the vibrant fringe suburb, Potts Point. Perfectly positioned amongst a mix of renowned local eateries, cafes and significant new developments.
Offered with a lease in place to Bayswater Fine Wines, this leading boutique liquor store occupies the 161 m²* retail shop with dual street access. 73-75 Bayswater Road offers the astute investor the opportunity to capitalise on the ongoing gentrification of the area whilst having a secure tenure in place.
73-75 Bayswater Road offers:
+ Net Income of $119,632 per annum
+ Leased to an experienced operator, Bayswater Fine Wines
+ Established lease to August 2028
+ Retail Shop area of 161 m²*
+ Separate Storage Area of 6.5 m²*
+ Dual street access
+ Annual 4% rent increases
+ Close to major transport links: Kings Cross Station, Eastern Distributor, Cross City Tunnel
For further information, please contact Charles Raine, Matt Pontey or Miron Solomons of Colliers.
*approximately.