Ground Shop 1/Shop 1 Milson Road Cremorne Point NSW 2090

Cremorne Point wharf is located 6 kilometres north of Sydney CBD. The kiosk is situated on western side of Cremorne Point and is accessed via Milson Road.

We are pleased to present a unique lease offering via Expressions of Interest to secure a Retail Lease at Cremorne Commuter Wharf.

The wharf waiting area is highly unique and comprises of approximately 75 square metres featuring breathtaking views of the Harbour Bridge, Opera House, and the City Skyline.

The site is zoned "W8 Scenic Waters Passive Use" under the State Environmental Planning Policy (Biodiversity and Conservation) 2021.

The handover condition at the commencement date is a 17.7 m² floor space suitable for dry use only. The premises currently enjoys existing use rights to operate a kiosk for the sale of takeaway food and drinks. (Alternative Uses STCA).

This opportunity grants an operator to utilise the current floor space by building and fitting out a new kiosk. The incumbent may opt to negotiate the purchase price for the improvements with the preferred applicant. If an agreement cannot be reached, the applicant will proceed with the construction of a new kiosk.

Note that the rent will include a 10% turnover rent in excess of the gross revenue threshold.

The premises is available for a 5-year lease containing a break clause allowing the landlord to terminate the lease at any time giving a 6-month notice.

Application is via Expression of Interest. Closes 5pm on 18 October 2024. Contact us today to register your interest. Inspection by appointment.