Randwick 136-138 Avoca Street
Quality Investment Strata-Titled Cafe
Located along the bustling dining strip of Avoca Street, this 108sqm strata-titled caf/restaurant represents an exceptional opportunity for the astute commercial investor, providing exceptional returns, superb growth and scope to make additional improvements. Currently leased to a thriving tenant until 2020, the highly regarded Duck Duck Goose caf, this is a prime opportunity in an increasingly cosmopolitan corner of Sydney's east.
Prime double frontage of approximately 9m with excellent exposureSuperb contemporary fitout with high ceilings, full kitchen facilitiesDA approval for an additional storage area/studio in the rear laneLeased until Feb 2020 with two options to review each of 5 yearsRental returns of $87,000 annually plus GST and annual increasesSolid future prospects - high traffic area, late night trader approved
Property Information
- Floor area approx 108sqm