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Lot 44/60 Park Street Sydney NSW

Secure CBD Bar/Hospitality Investment with New 10 year Lease

For Sale

Retail

$3,499,990

Overview

Type
Retail
Contract
For Sale
Area
230 sqm

HillCo Property Group are proud to offer Lot 44 of 60 Park Street Sydney. Situated on the upper basement level (B1) of one of the most renowned and prestigious commercial strata buildings in Sydney. Lot 44 is home to the Award winning and thriving operators Rambling Rascal Tavern. Home to Sydney’s best live music, food and of course drinks. Rambling Rascal Tavern have just commenced their 13th year of trade and have 9 years left on a 10 year lease, underpinning the value and security of this investment.

+ 230sqm including Storage areas
+ Brand New 10 year lease
+ Award winning and proven Tenants
+ Small bar licence approval until 2am
+ On the step of Hyde Park
+ Perfect long Term Investment
+ Prized Central CBD Asset

Prominently located on the corner of Park and Elizabeth Streets, the building is surrounded by key transport links including Town Hall, St James, and Museum Stations, with the new Gadigal Metro just 100m* away. Tenants benefit from a recent lift upgrade, onsite building manager, and end-of-trip shower facilities.

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Michael Vranic

Associate Director
  • (02) 8488 0876
  • 0401 466 884
  • michael@hillcoproperty.com.au

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Address:

Suite 5.2 Level 5, 2-4 Hill Street, Surry Hills 2010

Contact:

(02) 8488 0869
info@hillcoproperty.com.au

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