A repeat client was looking to purchase a commercial investment property on a high yield. In a scarce market, Rose & Jones were able to secure pre auction two separate shops with a combined area of 142sqm and a 13m wide double frontage on the highly popular Darlinghurst Road. We were able to secure the asset on net yield of over 6%. The lucrative retail investment comprised of two separate long standing tenants, “Black Velvet” an established local cake and catering business occupying shop 3a and national tenant “Domino’s Pizza” occupying shop 3b. A great result for our client.
Contact Tom Nelson for more information about how he can assist you in securing your next investment property.