A Boutique Retail Investment With A Well-established And Respected Cafe Operator.
Address
9 Ward Avenue, Potts Point
NSW
Area
48 m²
Details
9 Ward Avenue is positioned on the ground floor of well-maintained mixed use art deco building. This property is immaculately presented, having undergone a major ground-up renovation and conversion into a café over 3 years ago. The space has a modern and minimalistic feel, with blonde oak features and slatted wall panelling, which gives a warmth and tactility to the contemporary concrete interior.
The current tenant Primary Coffee Roasters has forged a recognisable name amongst Sydney's café scene. The business is the brainchild of ex Heritage Coffee Brewers and- Brewton Newtown operator Daniel Kim, of whom introductions are rarely required in Sydney's coffee community. Primary Coffee Roasters Potts Point is considered a coffee showroom retailing the best blends from home and abroad. The business has now become an integral part of the Potts Point fabric and considered a must-try destination when visiting the suburb.
Whether you are an investor or looking to purchase in your self-managed super fund this investment offers a strong covenant and low maintenance income.
Located amongst the richness and diversity of Potts Point, a suburb with a renowned hospitality precinct and lifestyle flair. Potts Point truly encapsulates Sydney inner city living. The densely populated district has continued to grow over recent years due to its regentrification and upmarket, international feel. The suburb is well-connected and sits just East of the Sydney CBD. Public transport is easily accessible via the train and bus network, and Sydney's Eastern suburbs is a short drive away.
Investment features include:
+ 48 m2 of floor space
+ Current annual income of $41,494.56 + GST
+ Leased till June 2022 with options till 2027
+ Favourable 4% annual increases
+ High quality refurbishment
For further details or to arrange an inspection, please contact the below agents.
Matt Davoren: 0410 488 437
Nik Simonovic: 0415 447 275
The current tenant Primary Coffee Roasters has forged a recognisable name amongst Sydney's café scene. The business is the brainchild of ex Heritage Coffee Brewers and- Brewton Newtown operator Daniel Kim, of whom introductions are rarely required in Sydney's coffee community. Primary Coffee Roasters Potts Point is considered a coffee showroom retailing the best blends from home and abroad. The business has now become an integral part of the Potts Point fabric and considered a must-try destination when visiting the suburb.
Whether you are an investor or looking to purchase in your self-managed super fund this investment offers a strong covenant and low maintenance income.
Located amongst the richness and diversity of Potts Point, a suburb with a renowned hospitality precinct and lifestyle flair. Potts Point truly encapsulates Sydney inner city living. The densely populated district has continued to grow over recent years due to its regentrification and upmarket, international feel. The suburb is well-connected and sits just East of the Sydney CBD. Public transport is easily accessible via the train and bus network, and Sydney's Eastern suburbs is a short drive away.
Investment features include:
+ 48 m2 of floor space
+ Current annual income of $41,494.56 + GST
+ Leased till June 2022 with options till 2027
+ Favourable 4% annual increases
+ High quality refurbishment
For further details or to arrange an inspection, please contact the below agents.
Matt Davoren: 0410 488 437
Nik Simonovic: 0415 447 275
