Land 550m2 Building 455m2 (approx.)

Improvements consist of an ultra-modern two storey restaurant, leased to Essen Cafe & Restaurant Pty Limited for $84,000.00 P.A. Gross (Exc GST).

The building is complete with open plan ground plus first floor dining areas, large commercial kitchen, multiple bar facilities, office plus amenities on both levels.

With huge exposure to vehicle & pedestrian traffic, together with various high rise medium density developments only metres away, an ideal opportunity awaits an investor wanting a solid income stream in the heart of the Macarthur region.

Everything about this property suggests upside:

Current rent below market with annual reviews
Purchased in 2006 for $1,300,000.00 and then extensively renovated
Free standing building – no strata
High profile building in lower Queen Street, Campbelltown
On site and street front car parking
Close to station.

The tenants are planning to renew their lease and to take up the first of three five year options. With the owners underwriting this uptake of option, income is guaranteed for the next five and a half years. Annual reviews add additional weight to this already attractive investment.