1/1a Elizabeth Bay Road Potts Point, NSW 2011
1/1a Elizabeth Bay Road Potts Point, NSW 2011
1/1a Elizabeth Bay Road Potts Point, NSW 2011
1/1a Elizabeth Bay Road Potts Point, NSW 2011
1/1a Elizabeth Bay Road Potts Point, NSW 2011
1/1a Elizabeth Bay Road Potts Point, NSW 2011
1/1a Elizabeth Bay Road Potts Point, NSW 2011
1/1a Elizabeth Bay Road Potts Point, NSW 2011
1/1a Elizabeth Bay Road Potts Point, NSW 2011
1/1a Elizabeth Bay Road Potts Point, NSW 2011

1/1a Elizabeth Bay Road Potts Point, NSW

Sold on 15 Mar 2016

Property Type Retail
Asking Price Sold for $410,000
Floor Area 42 m²
Land Area

Retail Investment in Potts Point

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.