Bridge Street Rockpool restaurant premises sold

Bridge Street Rockpool restaurant premises sold
Bridge Street Rockpool restaurant premises sold

Chef Neil Perry's Rockpool restaurant premises on Sydney's on Forbes have sold for $8.51 million through Knight Frank.

The strata retail asset is leased to Rockpool, via the Star Restaurant Group trading until 2023.

The 490-square-metre property in the historical Burns Philps, Sydney building sold at a 6.78% yield. 

The 7-11 Bridge Street building has been substantially reconstructed behind its original facade.

The Rockpool property exchanged at $17,367 a square metre, the Australian Financial Review calculated.

Jonathan Chancellor

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.

Tags: 
Commercial Sale Restaurant Sales

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