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283 Australia Street Newtown, NSW 2042

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283 Australia Street,
Newtown, NSW 2042

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LONG TERM RETAIL INVESTMENT

Operating as a Café Restaurant over 3 levels for over 11 years. Current rent $118,000 + GST pa.

This is an exceptional property having 3 frontages. Currently leased on a 5 year lease with annual rental increases of 3%.

This property is completely setup as restaurant, features; full commercial kitchen, grease trap, exhaust ducting, extractors, polished timber floors, high ceilings, air conditioning and down lights. What more could you ask for. This is a rare chance to secure a fully leased retail property in this tightly held retail/residential precinct.

Property ID: 503268978Last Updated: 22 Mar 2022

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283 Australia Street
Newtown, NSW 2042

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