Share this property

realcommercial.com.au

Shop B, 653 George Street Sydney, NSW 2000

Directions

Shop B, 653 George Street,
Sydney, NSW 2000

Shops & Retail

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Map of Shop B, 653 George Street

Directions

Its all about George Street retail

Knight Frank & Colliers International are pleasured to bring Shop B, 653 George Street, Sydney to the market for sale via a public auction campaign.

The shop is currently leased to well-established businesses Easyway & Pappa Roti on a 5 year lease, expiring on 29th of May 2017 with a 5 year option.

Some of the property's attributes include:

• 50sqm prime retail space with two frontages
• Shop is located at one of the busiest traffic intersections in Southern CBD with high pedestrian traffic flow
• 5 year lease, expiring on 29th of May 2017 with a 5 year option
• Net lease- tenant is responsible for all outgoings
• Net rent of $194,688 plus GST per annum with a fixed 4% annual increase.
• Tenant: Easyway- over 40 stores Australian wide. A well-known global brand.
• Tenant: Pappa Roti- over 200 stores global wide
• Do not miss this rare George Street investment opportunity


Sale method: Auction
Date of auction: 26th of March 2015
Auction venue: SMH Auction Centre, Mezzanine level, 50 Margaret Street, Sydney

For more information or to arrange an onsite inspection, please do not hesitate to contact the exclusive joint agents below.

Property ID: 501464991Last Updated: 27 Nov 2015

realcommercial.com.au logo
Shop B, 653 George Street
Sydney, NSW 2000
Colliers - Sydney
Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
Knight Frank - Sydney
Level 22 Angel Place, 123 Pitt Street
SYDNEY, NSW 2000

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.