An exceptional commercial property in the highly sought-after Waterloo area of Sydney is now available on the market. This restaurant space, situated within a modern, multi-level building complex, is strategically located next to Sydney City Lexus, offering immense business potential. Surrounded by bustling residential and student communities, this prime location enjoys a steady and high volume of foot traffic, making it an ideal choice for restaurant operators.
The property boasts a total floor area of 112 square meters, with 94 square meters of usable space, along with a dedicated 18-meter parking spot. Currently, it is home to a popular Chinese noodle restaurant. The current tenant has signed a 3x3-year lease with renewal options, providing an annual rental income of AUD 110,000 (inclusive of outgoings), ensuring a stable and attractive return on investment.
Another key highlight is its excellent transport connectivity. The property is just an 861-meter walk from Green Square train station and is also serviced by multiple bus stops in close proximity, such as O'Dea Av Opp Joynton Av (124m), Grandstand Pde, O'Dea (168m), and Bourke St at McEvoy St (230m), ensuring a continuous stream of customers.
Not only is this property situated in a thriving commercial hub, but it is also surrounded by modern urban developments, underscoring its growth potential. If you are seeking a stable rental income, this commercial property in Waterloo is an opportunity not to be missed. With its prime location and well-established business environment, it offers significant investment appeal.
If you're interested in learning more about this rare investment opportunity or would like to arrange a site inspection, please don't hesitate to contact us. We look forward to providing you with more details and helping you seize this outstanding business opportunity.
Property Reference Number#S21