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Investment – Café within Business Park

Shop 24/3 Box Road, CARINGBAH NSW, 2229

Sold

Property Sold in Shop 24/3 Box Road, CARINGBAH NSW, 2229

Commercial Property Group - Southern Sydney

239 Rocky Point Road, Ramsgate, NSW 2217

Listing ID:
11370500
Status:
Sold
Price:
$875,000.00
Last Updated:
10/02/2020
Icon building

Property Type

Retail
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Land Area

N/A
Icon size

Floor Area

131 SQM
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Parking

3

Investment – Café within Business Park

Located on Box Road this ground floor 131m²* café has been operating as Alana’s Café since 2011. The complex 3 Box Road compromises of 42 units consisting of larger warehouse and office units along with separate strata office suites on the upper two levels. The complex is accessible via two streets being Bay Road and Box Road along with 3 separate driveways. Allocated parking is attached to the shop and the premises is well-appointed by the incumbent tenant Alana’s. Focusing on the weekday trade Alana’s has established a regular clientele.

Features:
• Dedicated in-ground grease trap
• Ventilation
• Double glass entry doors
• Titled throughout
• Own bathroom amenities
• 131m²* total area
• 3 allocated car spaces
• Undercover outdoor seating
• Current annual rental of $50,647.80 pa + GST (partially outgoings recoverable)
• 5 years + 5 years lease

Be sure to enquire now on this investment opportunity showing an approximate 5.25% Net return.

Contact Hayden Bennett on 0477 665 455 or Damen Astey on 0431 817 616 for further information.

For more details, please email agent

Commercial Property Group - Southern Sydney

239 Rocky Point Road, Ramsgate, NSW 2217


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