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  5. AUCTION: Café Investment Freehold!

2/127 Merrindale Drive, CROYDON VIC, 3136

Sold
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Property Sold in 2/127 Merrindale Drive, CROYDON VIC, 3136

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11363428
Status:
Sold
Last Updated:
17/10/2019
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Property Type

Retail/Hotel/Leisure
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Land Area

818 SQM
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Floor Area

142 SQM
Icon parking

Parking

N/A

AUCTION: Café Investment Freehold!

CVA Property Consultants have great pleasure in offering you the opportunity to secure an outstanding café investment freehold.

The property is currently operating as Industrie Café on a term of three (3) years + three (3) + three (3) + three (3) years from 1st January 2014, returning $34,872.33 per annum plus outgoings and GST.

The building of 142m2 (approx) is positioned on an allotment of 818m2 (approx) and features a modern open plan dining area, service area with glass display cabinet, commercial kitchen, amenities, courtyard dining area, 12 onsite car spaces, perimeter fencing and security gates.

The subject property is positioned on the corner of Merrindale Drive and Hi-Tech Court within the highly sought after prestigious Merrindale estate, comprising well established companies including Denso Automotive Systems Australia, Sugar Australia and De Bortoli Wines.

The property is easily accessible, with Dorset Road, Canterbury Road, Mount Dandenong Road and Eastlink via the Ringwood Bypass all within close proximity.

Croydon and its surrounds are undergoing significant transformation with numerous developments including the forecast $50 million redevelopment of the Croydon Central Shopping Centre and the current $575 million retail expansion of Eastland Shopping Centre.

Enquire today.

Auction - Wednesday 3rd December 2014 at 1:30pm on site

For more details, please email agent


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CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000


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