Secure Restaurant Investment In A Great Location
The property is situated in a mixed use strata development, on the corner of Frederick Street, Brays Road and Van Hee Street. The property offers great exposure and is well located in a convenient location with easy access to on-street car parking, local bus & ferry transport and has easy access to major arterial roads.
Other features include:
- The property is currently leased to Spuntini Restaurant which serves modern Italian food
- Rental income: $109,090.91 pa + GST
- Leased on a three (3) year lease ending 11/03/2026
- Well fitted out restaurant with bi-fold doors
- Outdoor seating area included in the strata area
- Restaurant seats up to 100 people including the outdoor seating
- Full air-conditioned premises and alarm with security cameras
- 100sqm (approx.) storeroom with cool room & car parking in the basement area
- Internal toilet plus disable toilet within the restaurant
- Common amenities for staff which includes toilets, shower & lockers
- Two (2) undercover security car spaces in the basement
Other features include:
- The property is currently leased to Spuntini Restaurant which serves modern Italian food
- Rental income: $109,090.91 pa + GST
- Leased on a three (3) year lease ending 11/03/2026
- Well fitted out restaurant with bi-fold doors
- Outdoor seating area included in the strata area
- Restaurant seats up to 100 people including the outdoor seating
- Full air-conditioned premises and alarm with security cameras
- 100sqm (approx.) storeroom with cool room & car parking in the basement area
- Internal toilet plus disable toilet within the restaurant
- Common amenities for staff which includes toilets, shower & lockers
- Two (2) undercover security car spaces in the basement
Make an Enquiry
FOR SALE
For Sale | Time Realty
Council Rates: $337.00 pq (approx.)
Water Rates: $332.00 pq (approx.)
Strata Levies: $2,236.89 pq (approx.)
