SoldAug 7, 2019

54 Alexandra St, Hunters Hill, NSW, 2110

Amount undisclosed

3
2
240 m²
284 m²

House

30+ days on the market

Sold: Aug 7, 2019

What's around 54 Alexandra St

Rare Restaurant & Residential Investment

Only a select few call Hunters Hill peninsula home, and fewer still can lay claim to owning a historic part of the Hunters Hill Village. The opportunity for both is now here, with iconic 54 Alexandra being offered for sale by public auction. Comprised of two buildings on one freehold title; the “The Granary” circa 1920, a timeless 2/3 bedroom residence with impressive old world features blended with New York loft style finishes and pitched ceilings; and at street front a busy light-filled contemporary Australian restaurant with extensive owned fit-out, home to local favourites for over 45 years including Chefs Hatted ‘Jaspers’ and most recently ‘Bistro 54’ curated by Steve Medak. A wonderful opportunity to occupy “The Granary” and benefit from the income from the secured restaurant lease to 2021 with options to 2031, or lease both for a comfortable net income of $139,705 + GST. Further value add opportunities include Airbnb rental upside or possible dual occupancy conversion of the residential (STCA) Get your foothold into this highly desirable harbourside suburb, with exceptional schools, ready public transport and ferries to the Sydney CBD, plus high disposable income, limited property supply, and a strong local community with Village charm. We welcome your inspection – come and join us at Hunters Hill. www.sitchu.com.au/sydney/lower-north-shore/hunters-hill/ Total Net Income: $139,705 pa + GST (fully leased) INSPECTION TIMES By appointment. Please contact agent if you wish to attend Co-Agent Rhys Donnellan 0418 486 709 ClearPoint Crows Nest NSW

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