High Exposure Retail Investment with Blue Chip Tenant
Savills as the exclusive sales agents are pleased to present Shop 2, 111-117 McEvoy Street, Alexandria for sale.
• High exposure retail investment on prominent corner site
• Leased to iconic Australian swimwear label Seafolly Australia
• Secure blue-chip covenant, fully leased until 2027
• Set to benefit from an tenant-funded $50,000 refurbishment, commencing June 2024
• Prime location at the heart of Alexandria’s Outlet Shopping district
• Surrounded by some of Sydney’s best dining, hospitality and retail offerings
This offering represents the unique opportunity to acquire a secure, blue-chip investment, occupied by Seafolly Australia.
The property comprises a 225sq m* shop on a bustling corner site, plus two parking bays. It enjoys a strategic location of McEvoy Street in Alexandria, renowned for its luxury retail outlets and home to some of Sydney’s most popular dining and hospitality venues.
Leased to Seafolly to 2027, this investment offers long term income security with promised future value growth. The property is set to benefit from an upcoming $50,000 tenant-funded refurbishment, commencing June 2024.
Shop 2, 111-117 McEvoy Street, Alexandria is offered for sale via Private Treaty.
For further information please contact a member of our team.
*approx.
Level | Tenancy | Sale Type | Price | AreaSqm | Status |
---|---|---|---|---|---|
n a | Private Treaty | 225.00sq m | Available |