LEASED HARBOURSIDE RETAIL INVESTMENT
McConnell Bourn Commercial are pleased to present this compact retail investment on Cowper Wharf Roadway, moments from Woolloomooloo Wharf and within easy reach of Potts Point and the Sydney CBD.
The approximately 46 sqm ground-floor shop occupies a visible street position opposite Harry’s Cafe de Wheels. Its location connects a resident neighbourhood with the wharf’s dining and visitor precinct, giving a food or convenience-focused business opportunities to serve local customers, nearby workers and people visiting the waterfront. The established restaurant and cafe use also makes the premises relevant to operators seeking a presence in this recognised hospitality location, subject to the necessary approvals.
Investment highlights:
- 46 sqm of ground-floor retail space
- Lot 2 in Strata Plan 52076
- Leased from 1 July 2023 to 30 June 2028, with a further five-year option
- Current contracted rent of approximately $52,313 per annum plus GST, calculated from the lease’s annual reviews
- 3% annual rent increases
- Tenant contribution to specified outgoings under the lease
- Cowper Wharf Roadway frontage, opposite Harry’s Cafe de Wheels
- Close to Woolloomooloo Wharf, Potts Point and the Sydney CBD
- Strata Levies: $2,010 per quarter approx.
- Water Rates: $412 per quarter approx.
- Council Rates: $390 per quarter approx.
Planning information:
- Council: City of Sydney
- Local environmental plan: Sydney Local Environmental Plan 2012
- Zoning: MU1 Mixed Use, subject to confirmation by a current planning certificate
- Development control plan: Sydney Development Control Plan 2012, including Section 2.4.3, Woolloomooloo Locality Statement, and other applicable site controls
For the contract, lease details or an inspection, contact Eric Cao at McConnell Bourn Commercial.
Areas and the current rent calculation are approximate. Purchasers should verify the latest rent, outgoings, planning controls and permitted uses during due diligence.
Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy. However, we cannot guarantee it. All interested parties are strongly advised to conduct their own due diligence and should make and rely upon their own enquiries. Please be advised that some images used in this advertisement may have been digitally altered or virtually staged. These images are intended for illustrative purposes only and may not accurately reflect the current condition, appearance, or layout of the property.
