An opportunity exists to purchase a retail investment in Potts Point. Idyllically placed within a short stroll of Macleay Street shops, transport, and the iconic El-Alamein Memorial Fountain and weekend markets. This site is at the entrance of the landmark Kingsley Hall which is a renowned 1930′s residential apartment building that has had significant upgrades and improvements, in a prime position adjacent to Fitzroy Gardens.
- Net income $23,264.26 per annum + GST
- 3 year lease term from September, 2015 with 3 terms of 3 year option periods and 1 five year option period
- Rent review fixed 5% and current market review at options
- Area is approx 42sqm
- Newly refurbished cafe
Potts Point is Australia’s second most densely populated suburb and is located 3 kilometers east of the Sydney CBD.