Sydney City Fringe Passive Investment

SOLD

- Prominent corner position with imposing frontage to Harris and Quarry Streets
- Leased to Le' Culinaire Hospitality Institute, an established hospitality school
- Annual Net Rental $650,000 (approx.)
- 5 + 5 year lease commenced in April 2020
- 4% or CPI annual rental increases
- Current landlord will enter into discussions with Lessee for a new 5 + 5 year lease
- Central location with great access to transport facilities and local landmarks including the ICC, UTS, Tafe NSW, Darling Harbour, Sydney CBD, Central Station and Broadway