This iconic building situated in the Todd Mall is ready to pass onto another generation, the owners have said it is time to give this prominent property to a mover and shaker to bring it back to its former glory.
Being a substantial site of 1,820 square metres at the vibrant end of the mall with many complimentary businesses to feed off, it can be easy to see how a new business could capitalise on exposure in its prominent position.
There is currently a tenant in one third of the building utilizing it as an Art Shop with a lease until September 2024 with a further 3-year option.
The remainder of the building had been a bar/ nightclub but has since been split into two tenancies after the property had been vacated. The total area of this portion of the building is approximately 325 square metres. Internally this area is a blank canvas and would need to be revitalized.
At the rear of the site off Tuit Lane are the car parks servicing the tenancies.
Further information can re requested from Sam Linn.
Council Rates: $37,334.23 p.a.