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136-138 Avoca Street Randwick, NSW 2031

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136-138 Avoca Street,
Randwick, NSW 2031

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QUALITY INVESTMENT – STRATA-TITLED CAFE

Located along the bustling dining strip of Avoca Street, this 108sqm strata-titled café/restaurant represents an exceptional opportunity for the astute commercial investor, providing exceptional returns, superb growth and scope to make additional improvements. Currently leased to a thriving tenant until 2020, the highly regarded Duck Duck Goose café, this is a prime opportunity in an increasingly cosmopolitan corner of Sydney’s east.

- Prime double frontage of approximately 9m with excellent exposure
- Superb contemporary fitout with high ceilings, full kitchen facilities
- DA approval for an additional storage area/studio in the rear lane
- Leased until Feb 2020 with two options to review each of 5 years
- Rental returns of $87,000 annually plus GST and annual increases
- Solid future prospects - high traffic area, late night trader approved

Property ID: 501947466Last Updated: 3 Aug 2016

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136-138 Avoca Street
Randwick, NSW 2031
NGFarah
353 Anzac Parade
KINGSFORD, NSW 2032
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