Exceptional Investment Opportunity In The Popular Dining District, Potts Point
Address
5-9 Roslyn Street, Potts Point
NSW
Area
230.00 m²
Details
Mercer Property is proud to present a premier retail investment opportunity; A restaurant on the ground floor and basement of 5-9 Roslyn St, Potts Point, known as "Barcelona".
The premises for sale consists of two levels. The ground floor at street level combines the restaurant, large kitchen, and office. The dining area has high ceilings and high windows on three sides which allow for a light filled room the focus of which faces onto the eucalypts and charm of Kellett Place. The lower level with lift access contains a generous preparation kitchen, cool rooms, storage and toilets. The restaurant is currently home to Acqua e Farina, a well-loved local eatery.
The restaurant is part of an elegant hour-glass shaped building designed by the prestigious Architectural firm of Durbach, Block, Jaggers (North Bondi Surf Club, University of Technology, Omnia, Kings Cross, the upcoming Powerhouse Museum, amongst others). In 2010 the building was awarded the Australian National Award for Commercial Architecture.
Potts Point is one of Sydneys and indeed Australias, most densely populated, vibrant and sophisticated areas and this particular location is surrounded by other thriving restaurants including Lady Chu, Apollo Dining, Franca, Fratelli Paradiso and Yellow.
5-9 Roslyn St is also adjacent to the newly announced Iris Capital Development, consisting of apartments, hotel and retail which will add further vibrancy to this precinct.
This investment stands out as an attractive proposition for those seeking immediate revenue generation within the highly sought-after Eastern Suburbs.
Details include:
- A secure, long-term lease with an established operator
- Leased until March 2026 with options until March 2030
- Net annual income of $135,991.00 (as of March 2024)
- $30,000 security bond plus personal guarantee
- A generous strata area of 230sqm - with footway approval for outdoor seating.
- Liquor License with PSA
- A fully-equipped kitchen included in the property sale
A comprehensive Information Memorandum & Sale Contract can be made available through the exclusive agents;
The premises for sale consists of two levels. The ground floor at street level combines the restaurant, large kitchen, and office. The dining area has high ceilings and high windows on three sides which allow for a light filled room the focus of which faces onto the eucalypts and charm of Kellett Place. The lower level with lift access contains a generous preparation kitchen, cool rooms, storage and toilets. The restaurant is currently home to Acqua e Farina, a well-loved local eatery.
The restaurant is part of an elegant hour-glass shaped building designed by the prestigious Architectural firm of Durbach, Block, Jaggers (North Bondi Surf Club, University of Technology, Omnia, Kings Cross, the upcoming Powerhouse Museum, amongst others). In 2010 the building was awarded the Australian National Award for Commercial Architecture.
Potts Point is one of Sydneys and indeed Australias, most densely populated, vibrant and sophisticated areas and this particular location is surrounded by other thriving restaurants including Lady Chu, Apollo Dining, Franca, Fratelli Paradiso and Yellow.
5-9 Roslyn St is also adjacent to the newly announced Iris Capital Development, consisting of apartments, hotel and retail which will add further vibrancy to this precinct.
This investment stands out as an attractive proposition for those seeking immediate revenue generation within the highly sought-after Eastern Suburbs.
Details include:
- A secure, long-term lease with an established operator
- Leased until March 2026 with options until March 2030
- Net annual income of $135,991.00 (as of March 2024)
- $30,000 security bond plus personal guarantee
- A generous strata area of 230sqm - with footway approval for outdoor seating.
- Liquor License with PSA
- A fully-equipped kitchen included in the property sale
A comprehensive Information Memorandum & Sale Contract can be made available through the exclusive agents;
