Offered to the market for the first time in 40 years, CBRE as the exclusive selling agent, is pleased to present 18-20 Oxford Street, Woollahra. Positioned along Oxford Street which cuts through on one of the Eastern Suburb's busiest corridors, this prominent restaurant bar is occupied by the locally popular The Wine Library, who has been operating in the premises since the early 2010s. 18-20 Oxford Street benefits from the following key features: - Appealing long-term leased investment of 5+5+5 years with 3.5% fixed annual increases - Leased to the locally popular The Wine Library - a well established wine bar/restaurant tenant operating since 2010s - Current Net Income: $122,753.21* per annum - Gross Lettable Area Retail of 198 sqm*over two storeys - Spacious dining area with premium high end finishes - Total seating capacity for 79* patrons - Fully equipped commercial kitchen with grease trap, exhaust fan, bar counter and liquor licence - Rear lane access and loading dock/parking space - Positioned in the most desirable spot on Oxford Street with exceptional exposure to foot and vehicle traffic - On street and council car parking, plenty of transport options for customers including a bus stop in front of the property - Centrally located, moments from Allianz Stadium, Sydney Cricket Ground and Entertainment Quarter, providing plenty of foot traffic during events and games Private inspection appointments will be undertaken. For more information or to request access to the due diligence room, please contact the exclusive selling agents. *approx
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Property ID: 504644776