Cafe space in Sydney's Northbridge set to go under the hammer

Cafe space in Sydney's Northbridge set to go under the hammer
Cafe space in Sydney's Northbridge set to go under the hammer

A well-known cafe in Sydney’s leafy suburb of Northbridge is up for auction. 

The cafe at 1/160-162 Sailors Bay Road has been in place since the building was completed in 2013.

It will go to auction on November 30 with expectations of $675,000 to $725,000 excluding GST.

The shop earns a net income of $46,255.56 + GST.

The tenant is on a three-year lease with two five-year options. 

It has a strata area of 25 sqm. 

The building has been converted into a boutique development of just 12 apartments.

It is being marketed by Tom Doran of Doran Commercial.

Tags: 
Sydney Retail Investment

Comments

Be the first one to comment on this article
What would you like to say about this project?