UNIT 2/1270-1274 ALBANY HIGHWAY Cannington WA 6107

To enquire, please email or call 1300 815 051 and enter code 9483

Owning a restaurant couldn't be easier.

The property comprises of 288 sqm of Net lettable area and presently running as a restaurant.
The property is selling as a going concern, there is a lease and the tenant is paying $5200 per month the guaranteed term of the lease is until 2029 with the tenant is paying all the outgoings.
The lease has a provision for fixed % review mechanism annually and Market Review every 5 years-

1. Estimated value of land component $2000/m2
2. Estimated building cost (excluding fit out) and improvements $2500/ m2
3. Estimated value of fit out included below: $1,000,000
i. Grease trap
ii. Upgraded power supply and output
iii. Air-conditioned
iv. Solar panels
v. High Amp power output
vi. Kitchen + + +
vii. Bathrooms +++
viii. Plant & Equipment
4. Estimated reinstatement cost: over $2,200,000

What are you prepared to pay?

For a confidential discussion and internal inspection please call.

To enquire, please email or call 1300 815 051 and enter code 9483