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Rare Inner City Investment - Grill'd Healthy Burgers

241 Crown Street, DARLINGHURST NSW, 2010

Sold

Property Sold in 241 Crown Street, DARLINGHURST NSW, 2010

Burgess Rawson Sydney

Level 18, 15 Castlereagh Street, Sydney, NSW 2000

Listing ID:
11312068
Status:
Sold
Price:
Contact Agent
Last Updated:
29/10/2018
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Property Type

Retail
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Land Area

256 SQM
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Floor Area

241 SQM
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Parking

N/A

Rare Inner City Investment - Grill'd Healthy Burgers

For sale by Deadline Private Treaty
Offers closing on 26 September
Indicative Price: $3,040,000

Strong inner city location on Crown Street adjacent to Oxford Street
Renewed 8 year lease expiring 2026 + options to 2042
Grill’d, successful business model since 2004 with 100+ stores nationally
Trading here since 2010 within well presented ground level retail premises
Hub of Darlinghurst’s cosmopolitan dining / entertainment precinct
Darlinghurst: one of Australia’s largest & most densely populated LGA’s with median family income 94% above national average and forecast 43.6% population growth by 2036
Substantial 241 sqm premises plus one car space on title
Guaranteed rental growth with fixed 4% annual increases
Easily managed single tenant investment
Net Income: $152,433 pa + GST

For more details, please email agent

Burgess Rawson Sydney

Level 18, 15 Castlereagh Street, Sydney, NSW 2000

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