Prime Balmain Peninsula retail investment

This superb offering represents a sound investment opportunity located within Rozelle's prime retail precinct just metres from the new Woolworths Metro.

Current improvements comprise a two level brick and timber building comprising ground floor retail, rear courtyard/dining area and upper level residential with separate access.

The entire property is currently let to Rozelle Sushi until April 2023. This excellent tenant has been occupying the premises for almost 20 years and have developed a strong and loyal following as one of Rozelle's most popular restaurants.

• Current Net Income - $93,000 per annum (approx)
• Land Area - 164 sqm (approx)
• Building Area – 150 sqm (approx)
• Zoning – Zone B2 – Local Centre

The property is being offered for the first time in over 40 years and represents a superb opportunity to secure a prime Darling Street property with a long and secure tenancy history.

Additional details

  • Land size approx 164 m2
  • Building size approx 150 m2

Sold

Fri 18 October

Result

$1.88m

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Selling agents

Danny Cobden

0411 144 210 

Jack Tinworth

0448 892 033 

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