320 Victoria Street Darlinghurst, NSW 2010
320 Victoria Street Darlinghurst, NSW 2010
320 Victoria Street Darlinghurst, NSW 2010
320 Victoria Street Darlinghurst, NSW 2010
320 Victoria Street Darlinghurst, NSW 2010
320 Victoria Street Darlinghurst, NSW 2010
320 Victoria Street Darlinghurst, NSW 2010
320 Victoria Street Darlinghurst, NSW 2010

320 Victoria Street Darlinghurst, NSW

Property Type Retail
Asking Price Contact Agent
Floor Area 1 m²
Land Area

Iconic Retail Investment - First Time Offer for Sale in Over 25 Years

A well-equipped and longstanding cafe site in one of Sydney's most vibrant settings. This remarkable retail investment is placed on one of the busiest streets in Darlinghurst and commands attention from passing inner city foot and vehicle traffic. This impressive space is currently tenanted in a new 3 year lease with a 3 year option, and yields high net rental returns of $98,000 (approx.) plus GST per year.

The compact site caters to indoor and outdoor dining, with a DA approved undercover outdoor seating area. The internal fitout features quality floor to ceiling stainless steel bench tops, storage and quality appliances, while ample refrigeration and glass counter storage provide additional space.

Situated right in the heart of Darlinghurst, a crowded and ever-growing residential and retail/business district, this rare investment opportunity appeals to those seeking great exposure being placed only a stroll from Kings Cross Train Station and short walk to Sydney's CBD.

- Readymade retail investment on a new secure lease until September 2020 plus an additional 3 year option
- Net income $98,000 per annum plus GST
- Fixed rental growth of 4% per annum
- 100% of the outgoings paid by the tenant
- Quality décor, stainless steel finished kitchen including storage and bench tops
- High ceilings, ample storage plus extensive refrigeration
- Valuable DA and outdoor seating/footway licence