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Shop 20 Norton Street, Leichhardt, NSW 2040


6.5% Nett return - Microbrewery, Cafe and Hi Tech Laundry

Take advantage of the rebirth of this amazing complex led by this business owner and another developer. From a realistic base rent, the business is tied to a long lease, has a healthy guarantee and is supported by a diverse business model with a substantial investment into a new fitout. The 6.5% Nett return is designed to entice investors for a pre-Christmas sale.

  • Arguably the best location in the complex
  • Diverse business activities: Microbrewery, Cafe and Hi Tech Laundry
  • 365sqm across two strata lots
  • Additional alfresco outdoor seating area
  • 4 secure car parking bays on title
  • Direct loading dock access across 5 bays
  • Realistic rental structure
  • 10 + 5 + 5 Year lease
  • 12 month rental Guaranteed
  • Rest assured with a shop refit in the order of a $600,000 investment
  • A sound business concept with ready made clientele
  • Diverse income streams plus new innovative technology to draw external clientele; and
  • The $2.5 million O.N.O. price provides circa 6.5% Nett return unlikely to be seen again soon

Call or email for an Inspection or Information Memorandum today!

For an Information Memorandum or to inspect this property, give Deans Property a call today!

Property Info

Municipality
Leichhardt
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