Shop 1/57-59 York Street, Sydney NSW

For Sale

Retail

SOLD

59m2

SOLD!!!

Knight Frank is pleased to bring shop 1, 57-59 York Street, Sydney to the market for sale via a public auction campaign.

Facts:
• Shop 1 - 59sqm
• Tenant - “Kafeine” café
• Net income : $95,613 plus GST
• Net lease ( tenant is responsible for extensive outgoings including strata levy, water rates , council rates, agent management fee, insurance and air conditioning maintenance fee)
• Amenities: internal toilet

Features:
• Excellent retail exposure , 2 minutes’ walk to Wynyard train station
• Will benefit hugely from the $1 billion Wynyard Place project and $250 million 333 George Street office/retail project
• Well-established food & beverage tenant on a long-term lease
• Secure lease – with five (5) months bank guarantee
• Do not miss this rare CBD retail investment opportunity

Notes:
• Shop 2, 57-59 York Street is also available for purchase in the same auction as Shop 1.

Sale method: Auction
Date of Auction: 10:30 am, 16th of July 2015
Auction Venue: SMH Auction Centre, Mezzanine level, 50 Margaret Street, Sydney

For more information or to arrange an onsite inspection, please do not hesitate to contact the exclusive agents.
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