$2,480,000

Auction Location: Mezzanine Level, 50 Margaret Street, Sydney.

Motivated Vendor!

Premium investment property with mixed use development potential (STCA).

Secure and successful tenant.

Fully renovated two-level building featuring a most popular restaurant premise with a new kitchen and bathroom, fully licensed bar, indoor and outdoor seating areas, huge bi-folding glass opening onto undercover outside dinning.

Corner position and excellent exposure on Mortlake Street, Mortlake Lane and Van Hee Street. Rear access and double lock up garage and storage.

Currently leased to Farina Pizzeria on a secure 5 + 5 year lease.

Site Area: 228sqm approximately.

Ample street parking and bus stops in front of the property. Short distance to ferry transport. Easy access to main traffic routes: Majors Bay Road, Concord Road, Victoria Road, Parramatta Road, M4 Motorway and Westconnex.

Auction to be held on Tuesday, 14th December 2021 - 10:30am at 50 Margaret Street, Sydney.

Disclaimer:
Every care has been taken to verify the accuracy of the information contained herein, but no warranty is given or implied and prospective purchasers/tenants are advised to carry out their own investigations. Details herein do not constitute any representation by the vendor. Lessor or the agent and are expressly excluded from any contract.