Shop 1, 809 New South Head Road,
Rose Bay, NSW 2029
Shops & Retail
Price information
Sold
Contact Agent
Key property information
Floor area
Tenure type
Sold on
Map of Shop 1, 809 New South Head Road
Prime Corner Position Retail Investment
This remarkable retail investment commands attention from local foot and passing traffic on the corner of New South Head and Dover Road, one of Rose Bay's busiest positions, providing a well-equipped café/restaurant site in one of Sydney's most sought after suburbs. This impressive and well established café is currently tenanted with a 5 year lease and 5 year option, and yields high rental returns of $168,406.38 per annum net.
This corner site caters to indoor and outdoor dining, with two street fronts and a comfortable 95 sqm interior layout. The recently refurbished internal fitout features timber cladded walls, timber flooring throughout, timber benchtops with a quality kitchen and appliances, while ample refrigeration and glass counter storage provide additional space.
Additional highlights include 34 sqm of undercover secure parking/storage space, internal bathrooms, high ceilings, ducted air conditioning, floor to ceiling glass doors and windows opening onto both street fronts. Surrounded by the major banks, boutiques, Woolworths, IGA and Parisis Food Hall along with public parking, this rare investment ticks all the boxes.
- Ready-made retail investment
- Well-established tenant
- Secure long lease until August 2021 plus an additional 5 year option
- Net income $168,406.38 per annum plus GST
- Fixed rental growth of 5% per annum
- Low outgoings (approximately $12,000 per annum)
- 95 sqm open layout plus outdoor seating
- 34 sqm of parking/storage
- Warm and inviting quality décor, stainless steel finished kitchen, timber counters and benchtops
- Air conditioning, high ceilings, ample storage, internal bathrooms plus extensive refrigeration
- Exceptional investment opportunity
This corner site caters to indoor and outdoor dining, with two street fronts and a comfortable 95 sqm interior layout. The recently refurbished internal fitout features timber cladded walls, timber flooring throughout, timber benchtops with a quality kitchen and appliances, while ample refrigeration and glass counter storage provide additional space.
Additional highlights include 34 sqm of undercover secure parking/storage space, internal bathrooms, high ceilings, ducted air conditioning, floor to ceiling glass doors and windows opening onto both street fronts. Surrounded by the major banks, boutiques, Woolworths, IGA and Parisis Food Hall along with public parking, this rare investment ticks all the boxes.
- Ready-made retail investment
- Well-established tenant
- Secure long lease until August 2021 plus an additional 5 year option
- Net income $168,406.38 per annum plus GST
- Fixed rental growth of 5% per annum
- Low outgoings (approximately $12,000 per annum)
- 95 sqm open layout plus outdoor seating
- 34 sqm of parking/storage
- Warm and inviting quality décor, stainless steel finished kitchen, timber counters and benchtops
- Air conditioning, high ceilings, ample storage, internal bathrooms plus extensive refrigeration
- Exceptional investment opportunity
Property ID: 502719186Last Updated: 22 May 2018
Shop 1, 809 New South Head Road
Rose Bay, NSW 2029
Stanton Hillier Parker - SydneyLevel 1, 56 Pitt Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
665 Old South Head Road,Rose Bay, NSW 2029 352 m²Shops & Retail • Development Sites & Land • Offices