2 Portman Street

Zetland NSW 2017

Being positioned here means you are a part of and immediately benefit from the dense residential occupancy, busy creative offices and variety of retail, commercial and industrial users. This building is surrounded by a variety of public transport options, the most accessible being Green Square which is less than 200m away. There are also several bus routes within a 200m radius, the new Waterloo station being built and several cycling routes on your doorstep.

The Property:

This 2-storey freehold building is located on the corner of Portman Street and Navins Lane and has dual access from each. The site boasts excellent street exposure, coupled with the frontage along Navins Lane - you simply cannot miss this corner.
The current caf downstairs has access via 2 doors towards the front of the building and loading/unloading for the is completed easily through the laneway. The caf also has its own outdoor area.
The residential unit upstairs has exclusive access through the laneway door and enjoys a private balcony. The property also offers the potential for car parking.

Key Selling Points:

Building area: 97Sqm (app)

Land area: 112Sqm (app)

Lease term : Three + Three Years

Current rent : $95,816 per annum plus GST

Functional commercial kitchen (with mechanical exhaust and grease trap) and restaurant/caf with outside garden

Prominent corner position with street exposure in Zetland

Two-story freestanding building with 2 street frontages

Opportunity to invest with great rental return

Tenanted 1 bedroom apartment upstairs which lease will end in October 2022

Dual access for commercial/retail use and exclusive access for residential use