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1/6F Cowper Wharf Roadway
Woolloomooloo, NSW 2011
AUCTION
Overview
SYDNEY'S FLAGSHIP WATERFRONTY HOSPITALITY OPPORTUNITY: A GENERATIONAL TROPHY ASSET
This commercial property, Shop 1 located at 6 Cowper Wharf Roadway in Woolloomooloo, represents a premier hospitality venue situated within Sydney's exclusive Finger Wharf precinct. This area is renowned for its prestigious dining establishments and is highly sought after for hospitality ventures.
The property offers a substantial building area of approximately 334 square meters, designed to accommodate high-volume hospitality operations. Its strategic location alongside well-known venues such as Otto Ristorante and China Doll enhances its appeal as a flagship asset for investors and operators seeking long-term capital preservation and strong yield potential.
Key investment highlights include exceptional income potential, with estimated rental returns exceeding $700,000 per annum based on historical performance. The property benefits from dual access, featuring prominent frontages to the waterfront promenade and direct connectivity to the luxury Ovolo Hotel, attracting affluent foot traffic from multiple directions.
There is significant opportunity for value addition through the potential expansion of outdoor seating areas, subject to council approval, which would increase patron capacity and revenue. The recent sale of a neighboring shop for over $10 million underscores the high demand and scarcity of assets within the Finger Wharf precinct.
The property holds valuable development approvals, including a strata area of 334 square meters with permissions for 175 patrons and midnight trading, providing flexibility for various hospitality concepts.
The sale of Shop 1 is scheduled via auction, offering interested parties a unique opportunity to acquire a landmark hospitality venue in one of Sydney's most prestigious waterfront locations.
Location
Woolloomooloo NSW 2011
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 334 sqm |
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