CPG

Prime Corner Position – Restaurant Investment

440-442 Railway Parade, Allawah Sale Price: $2,495,000.00 Back to result(s)

Property Details

Positioned directly opposite Allawah Train Station is this iconic building, home to the popular eatery, ‘Little Italy’. The property provides a land area of 427m²* with B2 – Local Centre zoning along with rear lane access and off-street parking. The building spans over two levels being 380m²* and is moments to Kogarah CBD along with easy access directly to Princes Highway.

Features;

• Occupied by the long-standing restaurant – ‘Little Italy’
• Rental of $100,000.00 pa Net + GST
• Long Term Lease
• Grease trap
• Ventilation
• Kitchens x 2
• Pizza Oven
• Rear parking and access
• Bathroom amenities
• Huge exposure to passing trade
• Redevelopment potential (S.T.C.A.)
• Floor Space Ratio of 2.5:1
• Building Height limit of 21m

Contact our agents below for further discussions or to obtain an Information Memorandum today.

*approximate

  • Retail:380m2
  • Property Size:380m2
  • Land Area:427m2
  • Zoning:B2 - Local Centre
  • Council:Georges River Council
  • Availability:Available

Contact Details

Hayden Bennett M: 0477 665 455 E: Email Agent
Damen Astey M: 0431 817 616 E: Email Agent

Office Details

239 Rocky Point Road Ramsgate NSW 2217

Property Details

Positioned directly opposite Allawah Train Station is this iconic building, home to the popular eatery, ‘Little Italy’. The property provides a land area of 427m²* with B2 – Local Centre zoning along with rear lane access and off-street parking. The building spans over two levels being 380m²* and is moments to Kogarah CBD along with easy access directly to Princes Highway.

Features;

• Occupied by the long-standing restaurant – ‘Little Italy’
• Rental of $100,000.00 pa Net + GST
• Long Term Lease
• Grease trap
• Ventilation
• Kitchens x 2
• Pizza Oven
• Rear parking and access
• Bathroom amenities
• Huge exposure to passing trade
• Redevelopment potential (S.T.C.A.)
• Floor Space Ratio of 2.5:1
• Building Height limit of 21m

Contact our agents below for further discussions or to obtain an Information Memorandum today.

*approximate

  • Retail:380m2
  • Land Size:427m2
  • Property Size:380m2
  • Zoning:B2 - Local Centre
  • Council:Georges River Council
  • Availability:Available
  • GST:unknown

Contact Details

Hayden Bennett M: 0477 665 455 E: Email Agent
Damen Astey M: 0431 817 616 E: Email Agent

Office Details

239 Rocky Point Road Ramsgate NSW 2217

Contact Details

Hayden Bennett M: 0477 665 455 E: Email Agent
Damen Astey M: 0431 817 616 E: Email Agent

Office Details

239 Rocky Point Road Ramsgate NSW 2217

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