Rare Dual Restaurant & Residential Investment
- Fully leased $139,705 + GST net income
- Two buildings on one title
:: Blue Ribbon Location
:: Two character filled buildings
:: Iconic long term restaurant
Total Net Income: $139,705 pa + GST (fully leased)
RESTAURANT:
Tenanted by Bistro 54.
Busy light filled contemporary restaurant with extensive fit out in local village hub.
Successful restaurant occupation on this site in excess of 45 years.
Secure 5 year lease to 2021 + options to 2031
Fixed 3% annual rental increases
RESIDENTIAL:
“The Granary” - Separate Residence
Character filled 2/3 bedroom residence with impressive old world features, New York loft styling, exposed beam ceiling with sun drenched living areas.
Opportunity for long term residential lease, value add with AirBnB rental upside or owner occupation.
Possible dual occupancy conversion (STCA)
LOCATION:
Hunters Hill - highly desirable premium waterfront suburb 9km from the CBD
Please call or email for full details, Information Memorandum and contract.
* All areas approx. only
Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.