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Cafe Investment with 10 Year Lease term

13/82 Gateway Boulevard, EPPING VIC, 3076

Sold

Property Sold in 13/82 Gateway Boulevard, EPPING VIC, 3076

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000

Listing ID:
11276208
Status:
Sold
Price:
Contact Agent
Last Updated:
16/01/2020
Icon building

Property Type

Hotel/Leisure/Retail
Icon square

Land Area

364 SQM
Icon size

Floor Area

154 SQM
Icon parking

Parking

N/A

Cafe Investment with 10 Year Lease term

A unique opportunity to purchase an ultra modern Cafe investment situated in Alliance Business Park Epping, servicing the breakfast and lunchtime trade to the hundreds of businesses throughout the estate
 
Investment Summary:
- Leased to Scihafone Brothers Pty Ltd & Collins St Food Court P/L trading as Hexx Cafe
- Ten (10) year lease plus further ten (10) year option
- Rental $60,742.65 p.a. net
- 4% annual increases
- 6 month bank guarantee plus personal guarantee
- Only Cafe located within the Alliance Park Epping 

Property Details:
- Building area 154m2*
- 6 on-site parking spaces 
- 55 internal seating area
- 35 covered outdoor seating area

Epping has experienced considerable growth over the past 10 years with major development and infrastructure projects being planned for the future.    

For further information please contact CVA Property Consultants.

*approx

For more details, please email agent

CVA Property Consultants Pty Ltd

18 - 20 Russell Street, Melbourne, VIC 3000


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