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Suite 1/14 North Concourse
Beaumaris VIC 3193
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Sold on 23 Nov 2022

Suite 1/14 North Concourse Beaumaris VIC 3193

  • Shop & Retail
  • 55 m²
  • Sold

Bayside Investment with blue chip tenant | 6.4% Net Yield

    Here's your chance to secure a piece of the tightly-held Beaumaris Concourse Retail Village.

    Currently occupied by "Lobster Cave Nominees Pty Ltd" - a long-term and blue chip tenant who has occupied the premises since 2010 - this is an instantly rewarding and secure investment opportunity in a thriving local bayside shopping destination that's a stone's throw away from Beaumaris beach. The premises have been and will continue to be used as the epicentre of their day-to-day operations of Lobster Cave and their associated businesses.

    Property features include:

    • Total building area | 55m2*
    • Tenant | Lobster Cave Nominees Pty Ltd
    • Brand-new lease | 5 years + 5 years
    • Income | $31,450 Per Annum plus GST plus Outgoings
    • Annual increases | 3% fixed
    • Security bond | Two (2) months rental
    • Frontage onto North Concourse

    About the tenant:

    • Lobster Cave has been around since 1987.
    • For more than 35 years, Lobster Cave has been the ultimate celebration dining destination, where the atmosphere is relaxed and the love of seafood is serious. Now a household name, Lobster Cave is an institution in Beaumaris, Bayside and beyond.

    For more information or to arrange an inspection please contact one of the exclusive agents below:

    Ryan Amler | 0401 971 622
    George Ganavas | 0478 634 562
    Simon Liang | 0451 954 318

    *All areas and figures are approximate only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

    Property Highlights

    Date Sold23 Nov 2022
    Floor Area55 m²
    Land AreaAsk Agent
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Property ID2018170284
    Category
    Last updated  24 Nov 2022
    Map for Suite 1/14 North Concourse Beaumaris VIC 3193

    Property Highlights

    Date Sold23 Nov 2022
    Floor Area55 m²
    Land AreaAsk Agent
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Property ID2018170284
    Category
    Last updated  24 Nov 2022

    Listed by

    Ryan Amler
    Ryan Amler
    Ray White Oakleigh Commercial
    Call
    0401 971 622

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