Positioned right on the edge of the CBD in the vibrant Surry Hills suburb, this exceptional property boasts a corner position to make it an outstanding investment opportunity.
The Opportunity
Located in the heart of Sydney's City Fringe lifestyle precinct, this shop is surrounded by trendy cafes, popular pubs, and a mix of startups and established businesses.
Shop 5 at 492-500 Elizabath Street is now available for purchase, featuring a secure lease that offers excellent returns. This is a rare chance to acquire a quality investment with potential for value addition. Perfect for savvy investors looking to expand their portfolio or secure a long-term asset!
Lease Details: Expiry on 14/08/2025 with a 3-year option and 3% annual increases.
Outgoings: 100% Covered by tenant (Local Council Rate, Water Charges & Land Tax) and 50% Strata Fee Covered by tenant
High Exposure: Located on one of Surry Hills' busiest streets.
Modern Building: Secure and well-maintained with air conditioning.
Communal Facilities: Grease Trap, Mechanical ventilation, air conditioning and access to Male and Female amenities
Convenience: Shops and restaurants at your doorstep, just 2 minutes to Central Station and Light Rail.
Don't miss this opportunity to invest in a prime location with a solid return!