Shop 1/37-41 Bayswater Road Potts Point

X FACTORS
/ Securely leased to an established A+ Grade hospitality operator
/ High-profile corner position with dual street frontage
/ Strong income with fixed annual growth
/ Located in one of Potts Point's busiest retail pockets

THE OPPORTUNITY

X Commercial is pleased to present a premium retail investment opportunity in the heart of Potts Point, leased to "The Pasta Shop" Italian Restaurant & Takeaway - the latest concept from the proven operators behind "Machiavellis" and an early backer in "Fishbowl".

Strategically positioned on the prominent corner of Ward Avenue and Bayswater Road, this asset benefits from exceptional exposure to both foot and vehicular traffic. The property is securely leased on an 8-year term with a further 8-year option, delivering a strong return of $125,000 per annum (approx.) plus GST, with fixed 3.5% annual increases.

The property comprises a well-appointed 94sqm (approx.) hospitality venue, offering both indoor and outdoor dining across two street frontages. Recently upgraded by the team who fitted out Club Rose Bay, the space features a high-quality fit-out including polished concrete floors, a fully equipped commercial kitchen and extensive refrigeration.

Further enhancing the offering are secure parking and storage, internal amenities, ducted air conditioning, high ceilings and floor-to-ceiling glazing opening onto a private courtyard. Surrounded by major retail anchors including Woolworths, Coles, leading banks and Kings Cross Shopping Centre, this is a rare opportunity to secure a blue-chip investment in a tightly held location.

THE KEY X FACTORS

/ Secure 8-year lease + 8-year option
/ Income of $125,000p.a. + GST
/ Fixed 3.5% annual rental increases
/ Established and reputable tenant
/ 94sqm (approx.) internal area with indoor/outdoor dining
/ 26sqm (approx.) secure parking + 8sqm storage
/ High-quality hospitality fit-out throughout
/ Valuable liquor licence in place
/ Corner position with two street frontages
/ Low outgoings of approximately $6,000 p.a.
/ Surrounded by major retail and lifestyle amenity

PLEASE NOTE PHOTOS ARE OF OLD FITOUT - NEW FITOUT TO BE COMPLETE IN NEXT COUPLE OF WEEKS

CONTACT AGENTS:
For more information or to arrange an inspection, please contact the exclusive agent.