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Victor Kelly Estate Agents - NEWTOWN

Address available on request Newtown, NSW 2042

Address available on request,
Newtown, NSW 2042

Shops & Retail • Development Sites & Land • Warehouse, Factory & Industrial

Price information

Sold

$3,500,000

Key property information

Land area

Floor area

Zoning

Tenure type

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Victor Kelly Estate Agents - NEWTOWN
Victor Kelly

Victor Kelly Estate Agents - NEWTOWN

PO BOX 697
NEWTOWN, NSW 2042
0419 212 8...
Victor Kelly Estate Agents - NEWTOWN
Address available on request
Newtown, NSW 2042

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SOLD - LICENSED RESTUARANT - WAREHOUSE

• TRULY A RARE FIND - 22 METRE FRONTAGE
• AAA Premium Retail Investment
• Rising Sun Workshop (RSW) has been operating in Newtown for many years
• Rising Sun Workshop (RSW) original lease commenced 24/09/2015
• Lease Term under the lease is 5 years with 1 Options of 4 years
• Current Rent per annum is $135,949.29 + GST as of September 2021
• Annual rental Increases of 3.5%
• Ground Floor space 263 sqm
• Mezzanine level 172 sqm
• Total Gross Floor Space 435 sqm
• Land Area 278 sqm approx.
• Dimensions 24.6/14.3 X 17.3/13.9
• Zoned B2 Local Centre (Commercial Premises)
• City of Sydney Council
• Adjacent to Council car park
• The property is NOT a Heritage Item
• Building Height Limit 9 metres (3 Floors)

ALL OFFERS WILL BE CONSIDERED / DEFINITE SALE REQUIRED
Request a Property report.


Additional information

Property ID: 504068699Last Updated: 4 Nov 2022

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