First class Inner West retail investment
Prime position opposite Woolworths
Fully leased with increases on the way
Landmark 100% leased retail investment in Sydney’s Inner West
Four separate tenancies all fully leased comprise of:
- Two ground floor street retail shops
- First floor residential unit
- Basement garage, workshop & storage
- Anchored by Pacific Brands/Bonds retail store
- Australia’s leading underwear and clothing brand
- Shop 2 leased to Balmain’s famous Darling Pies & Cakes
- Blue Ribbon position on main intersection of Darling St
- Positioned in front of the most prominent pedestrian crossing
- Adjacent to Balmain’s most famous & popular Bertoni Cafe
- Ground floor retail Bonds: leased till 2024 (option April 19)
- Ground floor Bakery: leased till September 2023 (option 2020)
- Exceptional retail village precinct with no nearby shopping centres
- Situated amongst cafes, pubs & restaurants in an affluent waterside community
- Just 6 kilometres to the CBD of Sydney
- Attractive annual rental increases
- Substantial 2 storey building + 3 basement car parks
- Gross Annual return: $268,691.83pa
- Net income: $207,000.00pa + GST