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, 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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