Skip to main content
Shop 4, 83 Mount Street
North Sydney NSW 2060
SearchBack to results
Sold on 25 Jun 2021

Shop 4, 83 Mount Street North Sydney NSW 2060

  • Shop & Retail
  • 54 m²
  • Sold

DESIRABLE INVESTMENT WITH HIGHLY RATED ESTABLISHED JAPANESE RESTAURANT ON LONG-TERM LEASE

  • Net Income:$57,098* + 4% increases p.a.
  • Lease to 31 Aug 2026 + options to 2036
  • In the heart of busy North Sydney CBD

CBRE, as the exclusive listing agent is pleased to present Shop 4, 83 Mount Street, North Sydney. A secure investment opportunity situated in the heart of North Sydney's bustling business precinct. Having been a popular Japanese restaurant for over 10 years, the property has become a local institution with a loyal customer base. The tenant, Taruhachi Bento, is extremely highly rated with 4.7 stars out of 5 on Google from over 250 reviews cementing it as one of the best and most popular restaurants in North Sydney. The lease has just been extended by the tenant to 31 August 2026 with options to 2036. With 4% fixed annual reviews, a bank guarantee and guarantor the lease ticks all the boxes of the most discerning investors. Further to this, North Sydney is undergoing a phase of unprecedented growth with commercial and residential development which will only strengthen the customer base.

Shop 4, 83 Mount Street, North Sydney benefits from the following key attributes:

Net annual Income of $57,098* secured by a Bank Guarantee and Guarantor
Lease to 31 August 2026 with options to 2036
Valuable fixed 4% annual rental increases
Highly rated and established Japanese Restaurant tenant
Situated in the heart of the bustling North Sydney central business precinct
Unprecedented growth with commercial and residential development in the area, strengthening the tenant's customer base

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approx.

CBRE Sydney
CBRE Sydney
Level 21/363 George St
Sydney, NSW 2000

Property Highlights

Date Sold25 Jun 2021
Floor Area54 m²
Land Area54 m²
ParkingOn site parking available
Property ID2017044759
Category
Last updated  
Map for Shop 4, 83 Mount Street North Sydney NSW 2060

Nearest transport* to Shop 4, 83 Mount Street North Sydney NSW 2060

Bus
Train
Tram
Ferry
Greenwood Plaza, Pacific Hwy79 m
Pacific Hwy After Blue St104 m
Pacific Hwy At Walker St118 m
Victoria Cross, Miller St126 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
Did you find this helpful?
Yes
No
CBRE Sydney
CBRE Sydney
Level 21/363 George St
Sydney, NSW 2000

Property Highlights

Date Sold25 Jun 2021
Floor Area54 m²
Land Area54 m²
ParkingOn site parking available
Property ID2017044759
Category
Last updated  

Co-Agents

Jason Lowry
Jason Lowry
CBRE Sydney
Call
+61 419 277 527
Toby Silk
Toby Silk
CBRE Sydney
Call
0422 143 813
Nicholas Heaton
Nicholas Heaton
CBRE Sydney
Call
+61408025097

More about Shop 4, 83 Mount Street North Sydney NSW 2060

Shop 4, 83 Mount Street North Sydney NSW 2060 is categorized as Shop & Retail Property. It has a floor area of 54 m² and a land area of 54 m². The listing ID for this property is 2017044759.

More Shop & Retail properties for Sale in North Sydney NSW

Sold
1/83 mount street,north sydney, NSW 2060
173 m²
Shop & Retail
Sold
51 mount street,north sydney, NSW 2060
710 m²
Shop & Retail
Sold
suite 3, 225 pacific highway,north sydney, NSW 2060
44 m²
Shop & Retail