Opportunities like this are rare! NAI Harcourts proudly presents an exceptional chance to own a proven, tenanted commercial property with a rock-solid occupancy record.
This property is a gem for savvy investors, featuring:
• Long term Lease: 5 years from 25th November 2020 + 5 terms of 5 years each, providing peace of mind and consistent returns
• Established Hospitality Success: Occupied by successful hospitality operators since its construction in 2007
• Spacious & Functional Layout: A generous 133.33 sqm of internal space, complete with a fully equipped kitchen and amenities
• Expansive Outdoor Area: An additional 98.5 sqm covered courtyard on the north side, perfect for alfresco dining or events
• Solid Security: With personal guarantees and security deposit in place
• Healthy Income : Annual net rental of $80,000 + GST + Outgoings as of November 2024
Whether you're a seasoned investor or seeking a stable addition to your portfolio, this property is a must-see!
Don't miss out - investment opportunities like this are few and far between.
Contact Isaac Tankard and Nick Young at NAI Harcourts today for more information and to secure this outstanding property.