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Prime Corner Position - Restaurant Investment

440-442 Railway Parade, ALLAWAH NSW, 2218

For Sale

Property for Sale in 440-442 Railway Parade, ALLAWAH NSW, 2218

Commercial Property Group - Southern Sydney

239 Rocky Point Road, Ramsgate, NSW 2217

Listing ID:
11343119
Status:
Active
For:
Sale
Price:
$2,495,000.00
Last Updated:
07/02/2020
Icon building

Property Type

Retail
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Land Area

427 SQM
Icon size

Floor Area

380 SQM
Icon parking

Parking

N/A

Prime Corner Position - Restaurant Investment

Positioned directly opposite Allawah Train Station is this iconic building, home to the popular eatery, ‘Little Italy’. The property provides a land area of 427m²* with B2 – Local Centre zoning along with rear lane access and off-street parking. The building spans over two levels being 380m²* and is moments to Kogarah CBD along with easy access directly to Princes Highway.

Features;

• Occupied by the long-standing restaurant - 'Little Italy'
• Rental of $100,000.00 pa Net + GST
• Long Term Lease
• Grease trap
• Ventilation
• Kitchens x 2
• Pizza Oven
• Rear parking and access
• Bathroom amenities
• Huge exposure to passing trade
• Redevelopment potential (S.T.C.A.)
• Floor Space Ratio of 2.5:1
• Building Height limit of 21m

Contact our agents below for further discussions or to obtain an Information Memorandum today.

*approximate

For more details, please email agent

Commercial Property Group - Southern Sydney

239 Rocky Point Road, Ramsgate, NSW 2217


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