Rare opportunity to own a lunch caf which has a long lease, 5+5years expiring on December 2022. Currently generating an income of $26,800 + GST +Outgoings per annum, this is a net return of 6%.
Total land area of 133sqm in a well sought after location, this property will be SOLD! To sweeten the deal, the rental will be revised on Dec 2015 to current market rate, which is approximately $42,560; this is a net rerun of investment of 9.5%.
For any further enquiry and information, please contact SENG on 0433 252 687 or email seng@harcourts.com.au.