77 Stanley Street Darlinghurst, NSW 2010
77 Stanley Street Darlinghurst, NSW 2010
77 Stanley Street Darlinghurst, NSW 2010
77 Stanley Street Darlinghurst, NSW 2010
77 Stanley Street Darlinghurst, NSW 2010
77 Stanley Street Darlinghurst, NSW 2010
77 Stanley Street Darlinghurst, NSW 2010
77 Stanley Street Darlinghurst, NSW 2010
77 Stanley Street Darlinghurst, NSW 2010
77 Stanley Street Darlinghurst, NSW 2010
77 Stanley Street Darlinghurst, NSW 2010
77 Stanley Street Darlinghurst, NSW 2010

77 Stanley Street Darlinghurst, NSW

Sold

Property Type Retail
Asking Price Sold
Floor Area 200 m²
Land Area 148 m²

Rare East Sydney Freehold Investment

Located in the heart of Stanley’s Street entertainment precinct, this rare freehold retail investment is positioned in one of the best known drink and dine destinations the CBD fringe has to offer. This freehold building is tenanted to a new and experienced bar /restaurant operator ‘’Wood and Smoke Bar Restaurant’’ on a secure long lease until May 2023 with a further 5 year option. It yields a high net rental return of $96,208.00 per annum.

This impressive retail investment commands attention and caters to indoor and outdoor drinking and dining over three levels.

It possesses a comfortable interior layout on the ground floor, with by-folding doors opening out onto Stanley Street. It has a good size and functional commercial kitchen, ample indoor seating, along with a large outdoor terrace area/beer garden with direct access to the rear lane. The recently refurbished internal fit-out features timber cladded walls, timber flooring throughout, timber bench tops with a quality kitchen and appliances, while ample refrigeration and glass counter storage provide additional space.

Level 1 comprises of a large dining area that opens out onto a balcony overlooking Stanley Street. It has a second rear courtyard at the rear along with staff and patron amenities/toilets.

Additional highlights include a third level currently used as staff changing rooms, storage and office space, with its own bathroom and shower. Wonderfully versatile and highly sought-after, this impressive investment prospect appeals to the competitive retail market and showcases all that the fringe of the CBD has to offer.

- Valuable on premise liquor licence with primary service authorisation (P.S.A)
- Experienced tenant on a secure lease until May 2023 plus an additional 5 year option
- Net income $96,208.00 per annum
- Large block 148 sqm*, with a 200 sqm* layout
- Situated over 3 levels with two outdoor private terraces and a balcony overlooking Stanley Street

*Approx

For more information please contact the Exclusive Agents James Griffiths on 0415 371 668 or Queenie Lee on 0420 988 080.