Gazebo Wine Garden strata premises at Elizabeth Bay up for sale
Jonathan ChancellorDecember 7, 2020
Ray White Hotels has listed the ground floor strata title commercial investment in the iconic Gazebo building, Elizabeth Bay.
It is leased to Keystone Group, trading as Gazebo Wine Garden. It opened in 2005.
Investors have been advised it ecures $250,000 + GST (gross) per annum on a lease ending October 2038 (including option periods).
The premises outlook over the Fitzroy Gardens Park.
Agent Blake Edwards says it is located in an "upmarket trendy inner city location with strong underlying financial demographics".
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
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Commercial