Boutique Retail - Occupy Or Invest

Address

Shop 1/1A Roslyn Street, Potts Point
NSW

Size

Total Area
75 m2

Details

Mercer Property is pleased to present to the market for sale, Shop 1 (Lot 17), 1A Roslyn Street, Potts Point.

Located within the heart of Potts Point this highly exposed retail shop can be offered for sale as a leased investment or with vacant possession.

Currently the property provides a long lease to a well-established international tenant, Dresden Optics (14 stores world wide and growing fast), making it the perfect investment for a private investor or self-managed superfund.

With flexibility provided by the tenant, the property could also be suited to an owner occupier looking to capitalise on historically low interest rates within a tightly held retail market.

Positioned on the ground floor well maintained art deco building rich with history, this property provides a stable income from an international tenant as well as offering a versatile floor plan which could suit a wide range of future businesses; Café, Retail, Medical (STCA).

Property Particulars:

- Existing lease to international tenant - Dresden Optics
- Current net income $65,199.06*
- Strong annual increase and security
- Opportunity for an owner occupier to purchase the property and take possession
- Strata area 75sqm*
- Large glass shop frontage
- High ceilings throughout the space
- Formerly a restaurant with exhaust ducting connected to the property
- Close proximity to public transport with Kings Cross Station only being 100 metres away
- Positioned in a neighbourhood undergoing significant re-gentrification and surrounded by bustling cafes, restaurants & other retailers

*approximately

For further details or to arrange an inspection, please contact the below agents.

Matt Davoren: 0410 488 437
Tom Speakman: 0412 891 330

Contact the agent

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