Attributes
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Property Description
JLL & IB property are pleased to present Casba at 18 Danks Street, Waterloo.
A retail investment opportunity in the heart of one of Sydney's most sought-after lifestyle and homewares precincts.
Investment Highlights
Key investment highlights include:
- A fully leased, multiple award winning retail investment underpinned by long-established tenants
- Resilient luxury homewares destination that combines strong cashflow with potential strata upside for astute investors
- Net lettable area of 1,843 sqm including 242 sqm external, nine individual lots plus parking for 52 vehicles
- Long term leases with premium homewares tenants with over 217 years of combined history and trading experience
- Passing net income of $957,684 per annum plus GST; 3.75% average annual increases
- WALE is 4.3 years by income as at 1 February 2021
For Sale by way of Expressions of Interest closing at 3pm (AEDT) Tuesday 9th March, 2021.
For further information, please contact the Exclusive Selling Agents.
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