Leased Investment Caf Tenant 6.2%* Return on asking price with in excess of 3 years on Lease
Offered for sale is an extremely rare opportunity to secure a leased investment property affordable for entry level buyers offering secure returns with long standing tenant in place
Property Features:
Strata Area: 179sqm
Building Area: 100sqm (approx.)
Operating as Perfect Pantry Caf
Commercial Kitchen and cool room
Alfresco dining area
Caf operating since 2009
Balance of 3 years on Lease
Affluent Suburb
High density residential area
Near schools/daycare/parks
Close to public transport
Approx. Net Returns 6.2%
LEASE DETAILS
Lease Term: 5 years Expires 2nd March 2019
Gross Rental: $23,742.20 p.a. Gross Rental plus GST
Outgoings: Gross Rent Lease Outgoings paid by Lessor Outgoings approx. $4,413 p.a.
Net Rent: $19,329.20 p.a. approx.
Rent Reviews: Annually: Fixed 4% increase p.a.
FOR SALE: $312,000 (sold going concern for GST purposes)
For more information or to arrange a viewing please contact the sales agent.
