244 Princes Highway, Sylvania, NSW 2224

Retail

For Sale Auction

Auction: Monday, Nov 4, 6:00 PM

  • Property ID: 449271
  • Floor Area: 342m²
  • Occupancy: Vacant
Iconic Restaurant with Rear Parking, Rare Opportunity!

Offered for the first time since the 1960s, this Shire icon has enjoyed a long history as a popular Chinese restaurant. Having hosted everyone from football stars to media personalities and actors as well as being featured in TV commercials and even a recent Hollywood blockbuster, this historical building is beautifully authentic. Having undergone recent updates, the premises comes with a new kitchen that is both lunch and dinner capable, presenting a great opportunity for a food service business looking to maximise operations. Situated next to a shopping mall with customer car park, the restaurant is nestled in a busy hub with great exposure to the Princes Highway.

• Licensed restaurant, 342sqm (approx) internal
• Newly retrofitted mezzanine kitchen
• Ideal for Dim Sum plus dinner service
• Large dining hall with an ornate ceiling
• Traditional décor imported from Taiwan
• Rear access to 2 car spaces & a garage
• 5 toilets, 3 store rooms, reception area

Co-Agent:
Con Economos - Ray White Rockdale
0418 400 888
con.economos@raywhite.com

Sylvania Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $7900 --- ---
Offices --- $446 ---
Retail $5704 --- ---
This is the average advertised price, rent and yield for Sylvania, NSW 2224*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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  Ray White Commercial - South Sydney

 

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Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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