SOLD $3,500,000
• TRULY A RARE FIND - 22 METRE FRONTAGE
• AAA Premium Retail Investment
• Rising Sun Workshop (RSW) has been operating in Newtown for many years
• Rising Sun Workshop (RSW) original lease commenced 24/09/2015
• Lease Term under the lease is 5 years with 1 Options of 4 years
• Current Rent per annum is $135,949.29 + GST as of September 2021
• Annual rental Increases of 3.5%
• Ground Floor space 263 sqm
• Mezzanine level 172 sqm
• Total Gross Floor Space 435 sqm
• Land Area 278 sqm approx.
• Dimensions 24.6/14.3 X 17.3/13.9
• Zoned B2 Local Centre (Commercial Premises)
• City of Sydney Council
• Adjacent to Council car park
• The property is NOT a Heritage Item
• Building Height Limit 9 metres (3 Floors)
ALL OFFERS WILL BE CONSIDERED / DEFINITE SALE REQUIRED
Request a Property report.
