This is just a great time to secure this type of property as they just seem to weather upheavals in most markets and rarely become available in prime locations.
This corner site has been given council approval through an MCU application allowing a restaurant/coffee house with ample off street and on street parking. A beautiful post war residence is included in the offer both splitting and enhancing the rental income. The restaurant is considered to be tastefully presented and well managed by the lessee under a commercial lease.
Site Area – 597m2 (approx)
Lease Term – 5 years to Oct 2013
House – Leased by Lessee
More photos at www.saabicafe.com.
Please note, due to the nature of the business, inspections are by appointment.
Please contact the Sales Consultant to view a copy of the Sustainability Declaration for this property.