Leased Circular Quay restaurant space for sale

Leased Circular Quay restaurant space for sale
Staff ReporterMarch 11, 2019

A fully leased Circular Quay restaurant space has been offered to the market.

Cushman & Wakefield hold the listing for Lot 17 overlooking Sydney Harbour.

Situated at 17/1A Macquarie Street in Opera Quays, the space is currently leased to Buckley's Craft Beer Bar where it forms a part of the bar/restaurant.

It is a long term lease, 2010 to 2024, with a net income of $294,801 pa.

The gross rent is set to increase to $410,000 from 1 April 2020.

Set on 60 sqm the property is strata titled.

The property is for sale by expressions of interest closing March 26 2019.

Editor's Picks

Southport's only new parkside apartment development: The prime location of Brighton on the Park
Aniko Group completes sold-out 35 Grant Avenue in Hope Island
The unrepeatable nature of Ora Sorrento apartments
Demand for Melbourne apartment development sites ramps up as $40m Footscray block sells
How Deicorp is shaping Sydney’s housing future with transport-oriented apartment developments