Shops 1 + 2, 18 College Street,
Darlinghurst, NSW 2010
Shops & Retail • Other
Price information
Sold
Contact Agent
Key property information
Floor area
Sold on
Map of Shops 1 + 2, 18 College Street
INNER CITY RETAIL INVESTMENTS - LEASED TO LOTUS DINING GROUP
Located in the highly acclaimed “The Residence” comprising 87 luxury apartments
Tightly held location, moments to Sydney’s CBD, Hyde Park, Chinatown + renowned Oxford St
Rare opportunity to acquire 2 quality shops in one line
Shop 1 - Leased to one of Sydney’s most respected hospitality groups “Lotus Dining Group”
• New 5 + 5 year lease to award winning tenant “Madame Shanghai” (1 of 7 venues within the group)
• Stunning fit out by award winning designer Melissa Collison which was shortlisted as “Best Restaurant Design”
• Rental Income $225,000 pa + GST with 3% annual rental increases
• Approx. 195m2 including external / outdoor seating area
• Valuable food + liquor license approvals in place
Shop 2 – Leased to Hutchinson Builders
• Food approved + fitted out as cafe
• Currently leased as site office to Hutchinson Builders
• Leased until July 2021 returning $4,000 per month
• Approx. 75m2 including outdoor seating area
• Possible alternative uses (subject to council approval)
• Ideal for owner occupier / + or investor
In conjunction with ZLT Property Group Pty Ltd / License No. 1044957
Property Code: 1950
Tightly held location, moments to Sydney’s CBD, Hyde Park, Chinatown + renowned Oxford St
Rare opportunity to acquire 2 quality shops in one line
Shop 1 - Leased to one of Sydney’s most respected hospitality groups “Lotus Dining Group”
• New 5 + 5 year lease to award winning tenant “Madame Shanghai” (1 of 7 venues within the group)
• Stunning fit out by award winning designer Melissa Collison which was shortlisted as “Best Restaurant Design”
• Rental Income $225,000 pa + GST with 3% annual rental increases
• Approx. 195m2 including external / outdoor seating area
• Valuable food + liquor license approvals in place
Shop 2 – Leased to Hutchinson Builders
• Food approved + fitted out as cafe
• Currently leased as site office to Hutchinson Builders
• Leased until July 2021 returning $4,000 per month
• Approx. 75m2 including outdoor seating area
• Possible alternative uses (subject to council approval)
• Ideal for owner occupier / + or investor
In conjunction with ZLT Property Group Pty Ltd / License No. 1044957
Property Code: 1950
Property ID: 503773998Last Updated: 2 Jun 2021
02 9362 88...
Shops 1 + 2, 18 College Street
Darlinghurst, NSW 2010
Metro Commercial - Double BayLevel 1, 1 Transvaal Avenue
DOUBLE BAY, NSW 2028
DOUBLE BAY, NSW 2028
Contact Agency
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Shop 1, 148 Goulburn Street,Surry Hills, NSW 2010 123 m²Shops & Retail • Offices • Medical & Consulting
Contact Agent
108/46-50 Burton Street,Darlinghurst, NSW 2010 159 m²Shops & Retail • Showrooms & Large Format Retail • Hotel, Motel & Leisure
