Property ID: 1P0960

82 Elizabeth Street Sydney NSW

Guide $3,000,000
  • Retail
  • For Sale
  • 88 sqm
HIGH PROFILE RETAIL INVESTMENT WITH NEW 5+5+5 YEAR LEASE!
Noonan Property has been exclusively appointed to offer for sale Shop 2, 82 Elizabeth Street, Sydney via Public Auction on Tuesday 02 March 2021, commencing at 10.30am.

- Superb retail property with an excellent tenant
- Trophy asset amongst Sydney's legal fraternity
- Prime ground floor positioning with lobby access
- Striking window frontage spanning 8 metres
- Valuable exposure to substantial traffic flows
- Prominent window and exterior street signage
- Modern and efficient fitout with high ceilings
- Internal kitchenette with integrated storage
- Securely leased to successful Kwik Kopy franchise
- Strategic location for high performing business
- Top 10 revenue ranking across 96 stores nationally
- New 5-year lease with options extending to 2035
- Tenant has occupied the premises for 35 years
- CPI rental increases plus tenant pays outgoings
- Conservative net rental of $120,000 per annum
- Strong covenant with a 9-month security bond
- Highly distinguished location near Martin Place
- Close to NSW Supreme Court and Queen's Square
- Walking distance to Hyde Park and St James
- Popular, prestigious and tightly held location

AUCTION DETAILS
Date - Tuesday, 02 March 2021 at 10:30am
Venue - Auctionworks Centre, 50 Margaret Street, Sydney

CONTACT DETAILS
Tim Noonan - 0416 286 129
Ben Kennedy - 0449 286 129
Noonan Property - 02 9231 6000

DISCLAIMER
The above information has been furnished to us by a third party. Noonan & Co Pty Ltd trading as Noonan Property have not verified whether the information is accurate and have no belief one way or another in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own enquiries to determine whether or not this information is in fact accurate. Figures may be subject to change without notice.

Enquiry Form