- New 7 year lease
- $92,250 pa net*
- Single tenant investment
- 473sqm block*
- Zoned “District Centre”
- Improvements 205sqm*
- Parking at rear
- Prime Beaufort Street location
Introduction
Situated in blue chip location this single tenant investment with new 7 year lease plus options to well known Lawley’s bakery/cafe.
Improvements
Single level converted character house comprising main dining/service area, commercial kitchen, office, storeroom, coolroom and toilet amenities. Parking at the rear is accessed from a rear lane.
Land Details
Lot 92 on Plan 692 Certificate of Title Volume 1745 Folio 753.
Zoning
The City of Vincent advise that the property is zoned “District Centre”.
Lease Particulars
Tenant: Lawley's
Commencement: On settlement
Income: $92,250pa net
Rent Reviews: CPI increases annually / Market every 5th year
Outgoings: Payable by the Lessee
Goods and Services Tax
The Sellers are registered for GST and the Buyer will be required to pay the Sellers GST liability at settlement.
Asking Price
Offers Invited
For further information or to arrange an inspection, please contact the Exclusive Selling Agent.
*Approx