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145 Marriott Street, Redfern
145 Marriott Street Redfern NSW 2016
Retail
Investment
Property No.
Key Property Highlights
| Annual Rental | $82,206 |
|---|---|
| Building Area | 110 sqm |
| Land Area | 155 sqm |
| Listing Status | Sold |
Cushman & Wakefield as the exclusive marketing agents are please to present for sale 145 Marriott Street, Redfern. The property presents as an outstanding opportunity to acquire a prime fully leased freehold asset with three street frontages and an underlying residential zoning with existing restaurant usage rights. The asset is fully leased to established and long-term tenant Doytao Thai restaurant on a five (5) year lease term with strong rental growth of 4% per annum.
Features include:
- Prime Freehold Retail Asset with underlying residential zoning
- Fully leased to long term tenant Doytao Thai on a 5 year lease plus options
- Net income of $82,206 per annum *
- 155sqm land area *
- 110sqm building area *
- Three street frontages on busy thoroughfare
Approximately *
145 Marriott Street, Redfern is For Sale by Public Auction at 10:30am (AEST) on Thursday 16 August 2018.