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For Sale

117 Barker Street,
Casino 2470, New South Wales

170m² building size
Retail

$369,000

Property details

FREEHOLD INVESTMENT WITH SECURED LEASE

This property has for a long time been a local fixture as a takeaway and popular fast-food restaurant with a total floor area of approximately 170m² and is currently leased. .

• 170sqm art Deco café currently returning $22,880 +O/G + on a 2 year lease expiring Feb 2027 with a further option to renew.
• Excellent exposure and signage opportunities, large glass frontage and a high-traffic area


Lease Details:
Tenant in place
Annual Rent: $22,880 + outgoings which include rates
Lease Term: 29/10/2024 - 28/10/2026
Option: 2-year option to 28/10/2028

Returning over a 6% yield, this is a fantastic entry level investment opportunity for investors to secure a well-maintained commercial space in the heart of Casino's business precinct.

For further details or to arrange a private inspection, contact Scott Peart 0408 418 496

Indicative Range $360,000 - $395,000

DISCLAIMER: "Agent's Interest Disclosed"

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