As well positioned freehold block of land which currently containes a Restaurant, 5 leased shops. We have this property for sale which includes the restaurant and business on a walk in walk out basis. The Restaurant has been showing a profit of between $1 million to $1.6 million plus per year over the past 5 years. Current manager will stay on for a short period and run the restaurant for prospective buyer.
- Area: 9,020 sqm
- Five leased shops – leased for $200,000 per annum
- Licensed Steak & Steafood Restaurant with seating capacity of 1,200
- Restaurant Area: 2,000 sqm
- Development potential up to 11 storeys
- Parking for more than 300 cars
INSPECTION: By appointment