Sold
Lot 8/63 Foveaux Street,
Surry Hills 2010, New South Wales
Price withheld
Property details
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Agents
High-Yielding Investment with Global Blue-Chip Tenant
Investment Highlights:
Defensive Income Stream: Securely leased to global luxury icon Sub-Zero Group Australia until June 2031, with a further 5-year option to 2036.
Guaranteed Growth: Fixed 4% annual rent increases
High-Spec Asset: Commanding 278sqm* ground floor showroom with a spectacular $1M+ tenant fit-out, ensuring strong tenant retention.
Total Gross Rental Income of $270,145.20 per annum + GST
Includes one secure car space and rear goods lift access and loading dock
Strategic Location: Situated in the heart of Surry Hills, just 400m* from Central Station and the multi-billion dollar Tech Central development.
This is a high-exposure, income-producing asset that is offered well below replacement cost. The tenant has made a significant capital commitment to the location, providing a "set and forget" passive income stream.
Defensive Income Stream: Securely leased to global luxury icon Sub-Zero Group Australia until June 2031, with a further 5-year option to 2036.
Guaranteed Growth: Fixed 4% annual rent increases
High-Spec Asset: Commanding 278sqm* ground floor showroom with a spectacular $1M+ tenant fit-out, ensuring strong tenant retention.
Total Gross Rental Income of $270,145.20 per annum + GST
Includes one secure car space and rear goods lift access and loading dock
Strategic Location: Situated in the heart of Surry Hills, just 400m* from Central Station and the multi-billion dollar Tech Central development.
This is a high-exposure, income-producing asset that is offered well below replacement cost. The tenant has made a significant capital commitment to the location, providing a "set and forget" passive income stream.
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Contact Samuel Hadgelias
Contact Samuel Hadgelias
Samuel Hadgelias
Lot 8/63 Foveaux Street, Surry Hills NSW 2010
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Samuel Hadgelias
Lot 8/63 Foveaux Street, Surry Hills NSW 2010