A truly unique opportunity to purchase a property with an established tenant on a long term lease, only minutes from the CBD.

This two storey building offers:
- Current approval as a nine room brothel plus two shops
- Established erotic massage anchor tenancy, “at michelles”
- Long term lease with structured rental growth and security
- Two shops separately let (one vacant) with huge exposure to passing traffic
- Current net income approx $211,000 per annum

Located at the gateway to the eastern suburbs, only metres to Rushcutters Bay Park, all lifestyle amenities and the popular residential precincts of Rushcutters Bay, Elizabeth Bay and Potts Point, this is an investment opportunity not to be missed.