Ultimo

PRIME BROADWAY INVESTMENT LEASED TO 2031 - PRICE GUIIDE OVER 5% RETURN

Rare street frontage retail investment
Booming Broadway area - opposite Broadway Centre
Broadway Centre is one of Australia's business centres
Strong foot traffic 7 days/nights a week
The area is one of Australia's most dense areas
10 year lease expires 2031 + options
Well established tenant - trading since 2013
Located on ground floor of 600 unit building
Tens of thousands of residents,students,workers,visitors
Highly exposed ground floor shop - huge ceilings
52 square metre retail tenancy
There is a small area upstairs which is subleased to Bupa Dental by the Barber Shop
Very low outgoings
Rent $80,000 + GST + outgoings paid by tenant as per lease
For Sale by Deadline Private Treaty
Offers Closing 31st May, 2022 (Unless sold prior)

Andrew Vines 0423 108 880
Andrew.Vines@retailcomm.com.au