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 Mastery by Crown Group 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 our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

Tags: 
Commercial Sale Restaurant Sales

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