Situated in the hub of Elsternwicks’ prime retail area this outstanding 2 level property comprises of restaurant downstairs, 2 bedroom apartment upstairs with its own entrance and garage accessible from the laneway.

Leased to a well established Japanese Restaurant under the following terms:
* Current rent of – $44,133 p.a plus outgoings
* Lease expires – January 2013
* Annual reviews – 3% p.a
* Options – One further term of 5 years
* Land area – 267 sq.m (aprox)
* Zoned – Business 1 Zone (B1Z)

Offers the astute buyer a secure and appreciating investment opportunity. Melway Ref 67J4.