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Contemporary Restaurant Investment | Circa 5% YieldProperty ID 1549850Ray White Commercial proudly present this prestigious restaurant investment in the heart of Southbank. Prominently located on City Road at the Ground floor of the 41 Level Wrap Hotel. A standout investment to add to your portfolio.
The property features includes:
• Rental | $85,000 pa net approximately
• Lease | Seven (7) Years
• Options | Five (5) Years + Five (5) Years + Five (5) Years
• Building area | 190m2 approximately
• Reviews | 4% annually
• Security Deposit | $21,353.15
• Extensive Contemporary Fitout
Key Information Tenancy Status Currently Tenanted Annual Yield (Gross) N/A (Marketed Without Price) Annual Yield (Nett) N/A (Marketed Without Price) Title Scheme Not Applicable
The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.
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