Boutique Bike Shop Investment

A rare opportunity to secure a boutique retail investment in the heart of the Alexandria/Erskineville precinct, moments to The Grounds, Sydney Park and directly opposite the "Ashmore Estate" a brand new residential community for 1,400-1,600 apartments.

+ Well established tenant, "Montague Bikes has been committed to producing high performance, full-size folding bikes since 1987".
+ Wide street frontage, high ceilings on corner location and north facing.
+ Within high density residential & nearby commercial precinct, with onsite visitor parking.
+ Walk to King St, Newtown, St Peters Station, Erskineville Village & The Grounds.
+ Surrounded by quality long term tenants including Child Care Centre, Convenience Store, Bottle Shop, Beautician, Dentist, Dry Cleaners and popular cafes.
+ $31,200 p.a + GST Net. Lease commenced 15th May 2017, 3x3 year term with 4% annual increases.

Address Shop 12, 177 Mitchell Road, Erskineville
Price SOLD
Property Type Commercial
Property ID 581
Category Retail, Offices
Floor Area 110m2

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Stephen Wan

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