Contact the agent if you'd like further information.
Retail for Sale in Casino
FREEHOLD INVESTMENT WITH SECURED LEASE
- Building: 170m²
Next Steps:
Enquire with agentAdditional Information:
FloorplanThis property has for a long time been a local fixture as a takeaway and popular fast-food restaurant with a total floor area of approximately 170m² and is currently leased. .
• 170sqm art Deco café currently returning $22,880 +O/G + on a 2 year lease expiring Feb 2027 with a further option to renew.
• Excellent exposure and signage opportunities, large glass frontage and a high-traffic area
Lease Details:
Tenant in place
Annual Rent: $22,880 + outgoings which include rates
Lease Term: 29/10/2024 - 28/10/2026
Option: 2-year option to 28/10/2028
Returning over a 6% yield, this is a fantastic entry level investment opportunity for investors to secure a well-maintained commercial space in the heart of Casino's business precinct.
For further details or to arrange a private inspection, contact Scott Peart 0408 418 496
Indicative Range $360,000 - $395,000
DISCLAIMER: "Agent's Interest Disclosed"
170m²
Vacant
Next Steps:
Enquire with agentAgents
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