Tenancy 20a (Lot 39), Peninsular, represents an opportunity to invest in first-class property backed by a secure income stream from a long-term tenant, "Augello’s Ristorante & Pizzeria" who have been in occupation for 16 years.
Returning just over $200,000 per annum, there is still 4 years to run on a 5 year lease.

With 183m2 net lettable area over two levels with glorious ocean views, and this property has tremendous exposure to vehicles and pedestrians from an Esplanade frontage.
Not only is this property in a blue chip area, but its location is clearly ‘the best of the best’, cornering Brisbane Road, thus boasting high visibility and easy access for vehicles and pedestrians alike.

An outstanding addition to your property portfolio, this property will only be available for a limited time.

Exclusively listed by Property Only, contact Keith Grisman on 0447 147 478.