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CAFE INVESTMENT WITH LONG LEASE

Unit 20/94 Abbott Road, HALLAM VIC, 3803

For Sale

Property for Sale in Unit 20/94 Abbott Road, HALLAM VIC, 3803

Facey

6 Clow Street, Dandenong, VIC 3175

Listing ID:
11338677
Status:
Active
For:
Sale
Price:
Sale: $990,000 + Excl. tax
Last Updated:
28/01/2020
Icon building

Property Type

Retail
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Land Area

N/A
Icon size

Floor Area

209 SQM
Icon parking

Parking

10

CAFE INVESTMENT WITH LONG LEASE

This prized commercial cafe investment is located in the bustling Hallam industrial precinct. Securely let on an 8 year lease from April 2015 with two further five year lease options, annual 3% increases, and currently returning $54,671pa plus GST and outgoings, this proven cafe is a great investment to grow your portfolio.
The recently renovated interior includes vibrant furnishings, quality lighting and tiling throughout. On title, the shop area comprises circa 209m², a courtyard and ten (10) carparks. The courtyard is suitable for Melbourne's climate offering plenty of external seating and the café can cater for large groups with 26 visitor car parks available within the business park. The original permit had a capacity for approximately 70 patrons.

It's never been so easy to make your next investment. Opportunities of this distinction don't come around too often, so make the time to drop in and have a coffee!

Contact Facey Industrial now on 9701 4455 or Ian Kilgour on 0416 012 727 to arrange your personal tour.

For more details, please email agent

Facey

6 Clow Street, Dandenong, VIC 3175


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