1/76 Mitchell Road, Alexandria

A unit situated in 22/SP94602 Alexandria NSW. The local government is Sydney, it has 0 bedrooms, 0 bathrooms.

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
0
Car spaces
1
Land size
238 m2
Building size
-
Council area
Sydney
Year built
n/a
Lot plan
22/SP94602 Alexandria NSW
House type
Commercial: Retail Building



HISTORY

Last sold 27/10/2016
$2,090,000



LISTING DESCRIPTION
as of April 2020

10 YEAR LEASED INVESTMENT WITH OPTIONS FOR SALE BY PRIVATE TREATY (forthcoming Auction)A very rare opportunity to secure this long term leased Restaurant/Property on a prominent corner position in the hottest postcode in Sydney.THE TENANT: GYPSY COFFEE ROASTERS Pty LtdLearn more about the Gypsy:www.gypsyespresso.com.auLEASE PARTICULARS:TERM: 10 YearsOPTION: 5 + 5 YearsRENT: $176,000 net pa + GSTINCREASES: 3% pa SECURITY: $52,000 BGOUTGOINGS: 100% or outgoings paid by the tenantThe tenant 'Went to See the Gypsy' is Gypsy Coffee Roasters Flagship Restaurant location. The Gypsy undertook a no expense spared fitout of the premises prior to occupation which was designed and built by none other than the award winning GURU Projects. https://guruprojects.comPROPERTY PARTICULARS:USE: FOOD AND BEVERAGE / RESTAURANT OR BAR USESIZE: 220sqm NLA + Car SpaceIncl:GREASE ARRESTOR/TRAPMECHANICAL EXHAUSTHIGH CEILINGS100 AMPS 3 PHASE POWERHuge Depreciation! Schedule Available.If you are looking for a secure long term investment, this is the one!Call me for an immediate inspection, an IM and secure this property for yourself:Craig Carroll0412 034 263SOUTH SYDNEY COMMERCIALThinking Outside the Square Metre