Suite 7 & 8, 68 Sir John Young Crescent, Woolloomooloo, NSW 2011

Positioned directly across from The Domain Car Park and fronting one of Sydney’s busiest arterial roads, this property offers unbeatable visibility. Thousands of vehicles pass daily en route to the Harbour Bridge, ensuring constant exposure. The property boasts an expansive glass frontage, maximizing street presence, while the additional outdoor seating area enhances its appeal. This is a rare opportunity to secure a high-exposure investment in a tightly held city-fringe location.

 PREMIUM WOOLLOOMOOLOO INVESTMENT (6.5% NET RETURN) | BRAND NEW 3+3+3 YEAR LEASE

Secure Investment with Future Flexibility
The property is spread over two separate strata titles (Lots 74 & 84), providing future flexibility for investors. It is currently leased to Falafel Tree, an established kitchen, coffee, and dessert bar operator, who has recently committed to a brand new 3+3+3 year lease from October 2024. The building also offers convenient amenities, including a shower in the basement for tenants.

Financial Summary
• Lease Term: 3 years + 3 years + 3 years options
• Commencement Rent: $65,000 + Outgoings + GST
• Annual Increases: Fixed 3% increase
• Outgoings: 100% of council, strata and water rates paid by the tenant
• Tenant Security: Unlimited Director Guarantor covering rent
• Security Bond: Three (3) months ($17,875)
• Make Good: Full make-good requirement

Strata Areas
• Lot 74: 26 sqm
• Lot 84: 32 sqm + 3 sqm storage cage
• Total: 61 sqm + 23 sqm external seating (exclusive to Lot 84)

This is an exceptional opportunity to secure a high-yielding, city-fringe investment in a high-growth location.

Expressions of Interest close on Friday, 4th April at 3:00pm.

For further information or to arrange an inspection, contact the exclusive PropertyFox agent Lachlan Worthington on 0421 777 889.