Freehold site of Darlinghurst's Tropicana Caffe for sale
The freehold site of Darlinghurst’s Victoria Road institution, the Tropicana Caffe has been listed for sale.
It has been listed by the long-time owners Sergio Tezzo and George Semaan.
Tonci Farac, the former creator and owner of the Wildfire Restaurant in Circular Quay, and manager Duncan Thompson, have recently taken a 10-year lease on the site, with options extending to 2047.
LJ Hooker Commercial Sydney’s Steven Kruyer and James Griffiths have the listing of the 284 square metre dining space, which comes with 110 square metres of storage and two secure car spaces.
The lease generates more than $285,000 in annual rent. LJ Hooker Commercial will auction the Tropicana Caffe building on November 30.
It has been on the foodie scene for almost four decades.
The new tenants have advised they did not intend to rebrand or dramatically reinvent the Tropicana.