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810 Elizabeth Street Waterloo, NSW 2017
810 Elizabeth Street Waterloo, NSW 2017
810 Elizabeth Street Waterloo, NSW 2017
810 Elizabeth Street Waterloo, NSW 2017
810 Elizabeth Street Waterloo, NSW 2017
810 Elizabeth Street Waterloo, NSW 2017
810 Elizabeth Street Waterloo, NSW 2017
810 Elizabeth Street Waterloo, NSW 2017
810 Elizabeth Street Waterloo, NSW 2017
810 Elizabeth Street Waterloo, NSW 2017
810 Elizabeth Street Waterloo, NSW 2017
810 Elizabeth Street Waterloo, NSW 2017
810 Elizabeth Street Waterloo, NSW 2017
810 Elizabeth Street Waterloo, NSW 2017

810 Elizabeth Street Waterloo, NSW

Sold

Property Type Retail
Asking Price Sold
Floor Area 189 m²
Land Area

Prime Corner Position Retail Investment

This remarkable retail investment commands attention from inner city foot and passing traffic on one of its busiest streets, providing a well-equipped café/restaurant site in one of Sydney's most vibrant settings. This impressive space is currently tenanted in a new 5 year lease with a 5 year option, and yields high net rental returns of $1,652.00 (approx.) plus GST per week.

The corner site caters to indoor and outdoor dining, with two street fronts and a comfortable 73 sqm interior layout plus a 103 exclusive use undercover DA approved outdoor seating area totalling 176sqm. The internal fitout features polished concreate benchtops with a quality kitchen and quality appliances, while ample refrigeration and glass counter storage provide additional space.

Additional highlights include a liquor licence, late night trading hours, storage room, high ceiling, air conditioning, and a valuable secure car space in the building. Surrounded by South Sydney's crowded and ever-growing residential district, this rare investment opportunity appeals to those seeking a great exposure, placed only a stroll from Green Square Train Station and future retail precinct.


- Readymade retail investment with existing tenant on a secure long lease until March 2022 plus an additional 5 year option
- Net income $85,902.64 per annum plus GST
- Fixed rental growth of 3.5% per annum
- Low outgoings (approximately $4,597.36 per annum)
- Comfortable 73 sqm open layout plus 103 sqm of exclusive use outdoor seating
- Warm and inviting quality décor, stainless steel finished kitchen, polished concrete benchtops
- Air conditioning, high ceiling, ample storage plus extensive refrigeration
- Valuable secure car space located in the building
- Valuable DA and liqueur licence


Call James Griffiths on 0415 371 668 for more information