Freehold asset leased to renowned International retailer - KOOKAI

Details

This property offers a wonderful opportunity for an investor to secure a position amongst the busiest and most stylish retail/commercial hot spots.

This substantial property offers prominent ground floor retail, 1st floor office with potential upside to separate into an apartment with its own access from the rear of the property (STCA) and rear lane access, presents an amazing and extremely rare opportunity to acquire in one of Sydney’s best known retail hubs.
Currently leased to international tenant Kookai, this mixed-use investment is currently configured as ground floor retail shop with newly renovated bathroom, kitchen, rear courtyard and level one office space.

Prominent two-storey freehold offers the ultimate flexibility, this wide-fronted retail terrace is perfectly situated in the bustling precinct of Paddington, surrounded by an incredible mix of hospitality & retailers.

– Net Rental $85,669 + GST per annum
– 120sqm Land size
– 145sqm approx + 48m2 courtyard
– Wide frontage with huge glass exposure
– High Ceilings
– Boutique Facade
– Pedestrian Rear Lane Access