CPG

Restaurant Investment with High Yield

Shop 1/9-11 Arncliffe Street, Wolli Creek Sale Price: Auction: 18th November 2020 Back to result(s)

Property Details

110m²* Shop in Wolli Creek featuring a state of the art restaurant fit-out complete with cool room, gas kitchen, furniture, and computer system.

The shop is currently operated by an experienced restauranteur on strong new lease terms providing long-term income for a commercial investor. The recent leasing campaign generated a total of 34 inquiries and was leased in a short period of only 8 weeks.

Investment information:

– New 5-year lease with 5-year option (potential 10-year tenure)
– NET income of $65,000 pa + GST
– All outgoings paid by the tenant
– 2-year-old building, benefit from depreciation
– All equipment included with property purchase, claim further depreciation on entire fit-out inventory

Other features include:

• 110m²* Building area
• 3 secure car spaces
• Entire fit-out and equipment included in the sale
• Inventory Available on Request
• Short distance to Wolli Creek Station, public transport, the new Woolworths and Dan Murphy’s in Wolli Creek’s main shopping area
• Benefit from surrounding high-density residential dwellings for secured business customer base

For further information on this sturdy investment opportunity please contact exclusive CPG sales agents.

Open for inspections:

Contact our agents below to arrange a viewing.

Auction:

Wednesday 18th November 2020
at 6.00pm
Club Central, 12 Crofts Avenue
Hurstville NSW 2220

*approximate

  • Retail:110m2
  • Property Size:110m2
  • Parking:3
  • Zoning:B4: Mixed Use
  • Council:Bayside Council
  • Availability:Available

Contact Details

Damen Astey M: 0431 817 616 E: Email Agent
Ryan McMahon M: 0429 228 460 E: Email Agent

Office Details

239 Rocky Point Road Ramsgate NSW 2217

Property Details

110m²* Shop in Wolli Creek featuring a state of the art restaurant fit-out complete with cool room, gas kitchen, furniture, and computer system.

The shop is currently operated by an experienced restauranteur on strong new lease terms providing long-term income for a commercial investor. The recent leasing campaign generated a total of 34 inquiries and was leased in a short period of only 8 weeks.

Investment information:

– New 5-year lease with 5-year option (potential 10-year tenure)
– NET income of $65,000 pa + GST
– All outgoings paid by the tenant
– 2-year-old building, benefit from depreciation
– All equipment included with property purchase, claim further depreciation on entire fit-out inventory

Other features include:

• 110m²* Building area
• 3 secure car spaces
• Entire fit-out and equipment included in the sale
• Inventory Available on Request
• Short distance to Wolli Creek Station, public transport, the new Woolworths and Dan Murphy’s in Wolli Creek’s main shopping area
• Benefit from surrounding high-density residential dwellings for secured business customer base

For further information on this sturdy investment opportunity please contact exclusive CPG sales agents.

Open for inspections:

Contact our agents below to arrange a viewing.

Auction:

Wednesday 18th November 2020
at 6.00pm
Club Central, 12 Crofts Avenue
Hurstville NSW 2220

*approximate

  • Retail:110m2
  • Property Size:110m2
  • Parking:3
  • Zoning:B4: Mixed Use
  • Council:Bayside Council
  • Availability:Available
  • GST:unknown

Contact Details

Damen Astey M: 0431 817 616 E: Email Agent
Ryan McMahon M: 0429 228 460 E: Email Agent

Office Details

239 Rocky Point Road Ramsgate NSW 2217

Contact Details

Damen Astey M: 0431 817 616 E: Email Agent
Ryan McMahon M: 0429 228 460 E: Email Agent

Office Details

239 Rocky Point Road Ramsgate NSW 2217

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