For sale is the freehold only. The building is used as a cafe and includes upstairs 2 bedroom apartment. We are selling the bricks and mortar only, all fixtures belong to the tenants. This property would ideally suit a franchise chain to start from scratch with renovating..
Cafe lease – Month by month, $500pw
Apartment – Month by month, $200pw
$36,400 annual return
9.1% gross return