Home of Waverley's popular Bronte Road Bistro for sale

Home of Waverley's popular Bronte Road Bistro for sale
Joel RobinsonDecember 7, 2020

The Bronte Road Bistro, located in the heart of Waverley's retail precinct, is set to go under the hammer later this month.

Located in Sydnery's eastern suburbs at 280-282 Bronte Road, the property has been home to the French-bistro style restaurant Bronte Road Bistro since 2008.

They have a new secure long lease until May 2022 with a further five year option.

The freestanding property on 125 sqm comes with a net rental return of $100,783 per annum with a fixed rental growth of three percent per annum.

It has a commercial kitchen and a fit-out focusing on bringing in light in to the timber-floored internal area. There's also a number of outdoor dining tables.

The property has a secure car space located on the property, as well as having a liquor licence.

It is set for auction on the 27th of June through LJ Hooker Commercial agent Steven Kruyer.

The property last traded for $1.95 million in 1997.

Owner and partner of Bronte Road Bistro Stewart Parsons re-opened Woollahra's famed Claude's restaurant after it closed in 2015.

He and chef Cameron Johnston took over the premises and renamed it St Claude's.

 

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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