A unit located in 71/SP77675 Kensington NSW. The local council is Randwick, with 1 bedroom and 1 bathroom.
INVESTMENT OPPORTUNITY - LONG TERM LEASE TO DOMINO'S PIZZA Ray White Commercial Sydney North as exclusive selling Agent is delighted to present this prime retail investment Shop 3, 228-230 Anzac Parade, Kensington.Perfectly positioned on the ground level of the modern security building Phoenix apartments with a prominent 16 metre* glass frontage, this 113 sqm* shop provides high exposure to passing trade along Anzac Parade. The shop is currently occupied by successful and established multinational tenant Domino's Pizza Enterprises Limited who have a 5 year lease in place with a 5 year option. Anzac Parade is the go-to strip for cafes, restaurants, pubs, retail shops, fitness studios and supermarkets. The local education, culture and dining scene mean the streets are always buzzing. The shop is also a short distance to Royal Randwick Racecourse. The premises is located in close proximity to the University of NSW and the National Institute of Dramatic Art and is situated on the newly opened Sydney Light Rail stop.An ideal and great yielding opportunity for private investors or SMSF investment. Property Highlights:•113 sqm* retail shop•1 security car space•Leading retail tenant Domino's Pizza•5 year lease with 5 year option•Current gross income $70,060.08* per annum + GST •Modern security building•Prominent glass frontage to Anzac Parade•High exposure to passing trade•Walking distance to University of NSW and public transport•Directly on Anzac Parade Sydney Light Rail stop*all figures are approximateFor further information or to arrange an inspection time please contact Scott Stephens 0409 960 006 or Frank Bird 0417 427 310