Located in an award winning mixed use complex, we are proud to offer this fantastic investment opportunity.
The property offers:
- Yield expectations circa 8% + tax depreciation benefits.
- Enviable corner position within the complex.
- Largest commercial tenancy within the building with total areas as follows:
Restaurant area – 207sqm approx.
Outdoor dining area – 100sqm approx.
Yard area – 136sqm approx.
Storage area – 27sqm approx.
- 6 secure car park spaces.
-Fully leased to a well established Golden Chinese restaurant.
- Lease expiry 30/11/2014 with a 5 year option or renewal.
- Estimated Net Income of $117,374 pa + Outgoings + GST.
- Superbly positioned with stunning views over the Lake.
- Ample on-site parking.
The property is located with a stunning, award winning complex over looking West Lakes and directly opposite Westfield owned West Lakes Shopping Centre.
With huge exposure, excellent rental return, and settled amongst a busy precinct, opportunities of this calibre are considered very rare.
The property is offered for sale by Negotiation.
RLA 231015.