SOLD FOR OVER $17,000 PER SQM RETAIL STRATA INVESTMENT IN DARLINGHURST PERFECT FOR SMSF

SOLD

13a Burton Street

Darlinghurst NSW 2010

Retail

FOR SALE

55m2

SOLD FOR OVER $17,000 PER SQM

Oxford Agency is pleased to present to the market this immaculately presented retail investment located in the blue ribbon locale of Darlinghurst.

Located next to Pocket Bar and opposite the Commons, with a constant thoroughfare of people going to and from work.
Leased to "Cafe on Burton"

- 55sqm
- Perfect for SMSF
- Brand new lease to cafe operator for 3 years + 5 years
- Leased for $54,750 + GST
- 3% annual increases
- Lessee pays 50% outgoings during first year. Second year lessee pays 100% outgoings

Strata Rates: $1742 per quarter approx.
Water Rates: $185 per quarter approx.
Council Rates: $173 per quarter approx.