Well positioned in the heart of Darlinghurst is this 112sqm (approx) immaculately presented retail premises currently operating as a convenience store.
The premises has been extensively refurbished and refitted by its new and proven long term tenants who have signed a 3 + 5 + 5 year lease (5% annual increases) providing investors great opportunity to have an immediate and reliable income stream. (7% Net return).
Completely re-inventing itself from years gone by, Darlinghurst is considered one of Sydney’s most renowned “Hot Spots”. Its trendy bars, cafes & restaurants as well as unique fashion boutiques are a major drawcard to the area, underpinning the property’s strong capital growth.