RIVERSIDE LEASED INVESTMENT TO PROVEN OPERATOR

Ray White Commercial Sydney City Fringe is thrilled to present Lot 96, 88-90 Rider Boulevard, Rhodes for sale.

Located on a high-profile corner in the heart of Rhodes peninsula, this waterside mixed-use development by Mirvac is a fully fitted-out retail/F&B space that offers exceptional shopfront exposure and remarkable foot traffic.

Situated in close proximity to Rhodes Train Station, Waterside shopping centre, Ikea, and Concord Hospital, and with a projected surge in population growth in Rhodes, this property presents a golden opportunity for the astute investor.

KEY FEATURES:

Retail area of 155sqm*
Exclusive use of outdoor seating area on title
Net passing income of $177,144* per annum
Lessee pays 100% of outgoings
Leased to proven food operator Andiamo Restaurant with four locations across the inner west
4% fixed annual increases
One Basement car park on title
Fully equipped kitchen with ventilation and grease trap
Significant exposure and pedestrian flow in a tightly held submarket
Adjacent to high-performing retailers and service providers
Servicing one of the fastest-growing centers in Metro Sydney

For more information, please contact the exclusive selling agent:

Kristian Morris
Principal and Licensee in Charge
0411 415 297
kristian.morris@raywhite.com

*approx

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