Shops 1 & 2 are offered for sale as a leased investment as a restaurant business. The combined floor area for both shops 1 & 2 is 171sqm and is priced at $649,000 + GST.
Bengal Garden Restaurant is also offered for sale separately as an established restaurant business and is priced at $150,000 + GST. The business is being sold with everything included in the purchase price.
The shops have high exposure being positioned on a prominent corner location within a busy suburban strip. The location is prime in the heart of Cloverdale and only 8kms from the city centre.
The internal floor area of Shop 1 is 74sqm and Shop 2 is 97sqm, plus 4 designated staff car bays and plenty of customer parking with easy access. This property has electric roller shutters, ducted air conditioning and additional separate common bathrooms.
The current rental income is $41,580 per annum (includes GST), and with annual fixed increases.
Features:
Retail zoning
Currently leased
Designated car bays
Busy, high exposure suburban strip
Ample customer parking and easy access
Electric roller shutters
Separate common male and female bathrooms
Located only 8kms from CBD
Public transport directly adjacent