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SOLD - Sydney (Opera Quays) - Premium Investment Indexed to 2029 - Buckley's Bar Circular Quay
Shop 18 Opera Quays, 1A Macquarie Street Sydney NSW 2000
Investments
Investment
Property No.
Cushman & Wakefield are pleased to present for sale Shop 18 Opera Quay’s, 1A Macquarie Street Sydney.
The property has the following key characteristics:
- Renewed 15 year lease to 2029
- Net Income $880,631 pa + GST
- Fixed 4% annual rent increase
- High-performing retail investment in the iconic Opera Quays building
- Retail Shop 18 Opera Quays is secured by an industry leading food and beverage company. Site was established in 1999 and has operated as a bar and entertainment venue since
- Circular Quay, known worldwide as Australia’s most visited tourist destination. The promenade along Circular Quay is the main thoroughfare to the iconic Sydney Opera House
- Hoteliers licence on title for between 350 - 500 patrons
- Dedicated exclusive use of common property for outdoor seating
- Lessee holds outdoor license for 56 seats undercover overlooking scenic waterfront
Please contact the Exclusive agents at Cushman & Wakefield for further information.