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LOCATION

124/158-166 Day Street, Sydney

Bath 1
Car 2
FOR SALE

High exposure retail space available on the corner of Day and Bathurst Street

The property currently has two development consents, one for a convenience store and one for a cafe/restaurant.

It would be highly suitable for a beauty clinic, chemist, medical centre, dentist, bottle shop, cafe/restaurant, pizza/wine bar.

192sqm on title, 143sqm internal, 38sqm automated remote-controlled lock up garage for two cars in tandem + storage shelving, 11sqm secure storage cage with high ceilings.
Corner position with maximum window exposure and main entry into the city off Anzac Bridge via Bathurst Street. Three entry doors, one at rear, two entry doors at front of shop, one is a double automated sliding door and the other two push doors, and one rear door entry.
Off street rear lane loading dock with large 3m clearance entry gates to accommodate trucks.
Existing DA for restaurant café, trading hours 7am to 10pm, 7 days per week, Monday to Sunday. Provision already in place with core holes for 3 toilets. Increased 3 phase power installed. Building has grease trap available to connect to.
Existing DA for convenience store / grocer, trading hours 7am to 3am, 7 days per week, Monday to Sunday. Outdoor seating possible STCA.
The property has 3 core holes for providing for 3 toilets: accessible/ambulant, female, male. There is one toilet in place at the moment. The property previously had three toilets, however the previous tenancy only required one, so two of the toilets were removed and plumbing capped.
Located in a building comprised of 330 mixed use properties, 318 residential and 12 commercial properties and surrounded by 4 hotels and over 7 residential buildings.
Shop 124 has the highest ceilings at approximately 5 metres high, and the most amount of window exposure and retail presence of all the shops in the area.
Positioned on the corner of Day and Bathurst Street and the main walkway to Darling Harbour Cockle Bay Wharf, Tumbalong Park, Chinese Gardens and Darling Quarter. Main walkway connecting to Dixon Street shops and restaurants Chinatown. 5-minute walk to QVB, Town Hall train station on the corner of Bathurst and Kent Streets and Town Hall Station Tram stop on the corner of Bathurst and George.
Building includes pool, spa, gym, sauna.
Secure Building with 24-hour Concierge at 289 Sussex Street entrance and 158 Day Street entrance.
Private secure letterbox.
Parking 150m walking distance for clientele opposite Sussex Street entry to the building (289 Sussex Street Sydney) at Cinema Centre Carpark with easy parking at 306 Sussex Street Sydney with great parking rates: https://www.centro-parking.com.au/syd-cinema-centre-car-park

Surrounding Buildings:
Commonwealth Bank Wealth Management Offices with approximately 5000 staff directly across the road that walk by shop 124 to go to and from work each day.
W Sydney with 585 luxury rooms and IMAX just opened
Maestri Towers across the road on the Sussex Street side of the building has 384 apartments.
Jade Apartments at 267 Sussex Street Sydney
New Haven Apartments at 278 Sussex Street Sydney with 79 residential apartments
Recently completed Vibe Hotel at 319 Sussex Street, Sydney with 145 rooms
Recently completed Crown Plaza Hotel on the corner of Sussex and Bathurst with 152 guest rooms plus residential tower.
Park Royal at 150 Day Street, Sydney directly across the road with 345 rooms
Radiance Apartments at 188 Day Street, Sydney with 119 residential apartments
Day Street Police Station at 192 Day Street Sydney
Emporio Apartments at 339 Sussex Street, Sydney (next to Police Station on Day Street) with 155 apartments

Commercial Tenancies in the Building
Women's Hairdresser, established approximately 2 years ago (moved from another location and established for over 10 years)
Mens Barber shop, established approximately 10 years ago.
Convenience Store established approximately 21 years.
Thai Healing Touch Massage established approximately 10 years.
Personal Training Fitness Studio, established approximately 4 years, (previously a dry-cleaning business of 20 years)
Wakie Wakie Thai Restaurant, new tenancy and just opened.
Offices of Nicks' Seafood & Nick's Investment Group established approximately 21 years.
Offices of Ryker Capital, new tenancy
Offices of AEN Investments, established approximately 13 years ago.
Orchard Day Spa and Chinese Massage

Price Guide upon request

Rent Guide
· $280,000 per annum + 100% of outgoings + GST
· The lease term is negotiable, generally 5 x 5 x 5 is preferred

Outgoings
The current outgoings are:
Strata: $19,620.00 per annum / $4,905.00 per quarter
Council: $ 3,500.00 per annum / $ 875.00 per quarter
Water: $ 760.00 per annum / $ 190.00 per quarter
Insurance: $ 3,615.00 per annum / $ 903.75 per quarter
PSL: $5,600.00 per annum / $1,400.00 per quarter
Total: $ 33,095.00 per annum / $8,275.00 per quarter (rounded up)

Property features

  • Garage spaces: 2

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Contact Agent

Travis Reeve
0414 347 713