Retail cafe presents rare investment opportunity in Rosebery
The highly sought-after retail strata space at 77 Dunning Avenue, Rosebery is now on the market for buyers seeking a leased investment opportunity.
The highly sought-after retail strata space at 77 Dunning Avenue, Rosebery is now on the market for buyers seeking a leased investment opportunity.
Situated on the eastern side of Dunning Avenue, between Morley Avenue and Queen Street, this ground-level retail gem comes complete with storage facilities and an exclusive use seating area for patrons.
The property is being offered for sale via public treaty by RWC South Sydney agents Anthony Vella and John Skufris on behalf of a private owner. Currently leased to a cafe operator, it boasts a net income of $60,300 per annum with annual rent reviews in place, extending through November 2027.
"The property is located within a renowned office building, in close proximity to The Cannery development and Green Square station,” Mr Vella said.
"Opportunities like this are a rarity. Currently there are limited street level retail strata investment opportunities with long leases in place,” Mr Skufris added.
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