Gunning Commercial is excited to offer for sale by public auction this impressive retail investment in the heart of one Sydney's most tightly held and high demand precincts, Victoria Street, Darlinghurst.
Leased to National tenant Grill'd Healthy Burgers this property is located within a high profile tenancy mix, neighbouring the likes of Mad e Pizzeria, Latteria and opposite the renowned Tropicana cafe/restaurant. This property offers investors the security of a long tenure to fast growing movers and shakers "Grill'd". The property is highly exposed to prominent Victoria Street with a massive 8 metre frontage.
This property features:
- 8 + 5 + 5 + 5 year lease to "Grill'd Healthy Burgers"
- Commenced March, 2010
- 149sqm of NLA plus 1 x secure car park
- Valuable restaurant license
- 2 month Bank Guarantee
- 3% increase annually
- Net Rent: 137,500 approx.
