The opportunity exists to acquire the Freehold & Business of Ciao Cielo in-one-line or alternatively, the Leasehold Business.
Leasehold Business investment highlights include:
* Long lease term available with favourable lease terms * Located within a densely populated residential precinct with immediate catchment of around 17,750 people * High volume trade both current and historical * State-of-the-art plant & equipment included in sale * A true turn-key operation in a time of revival for Melbournes hospitality sector
Offers over $1,650,000 plus SAV
Property features include:
* Opportunity to acquire Port Melbournes iconic Ciao Cielo restaurant * Dominant corner position in the heart of Bay Street, within minutes to Port Melbourne Beach and 3.5km* to Melbourne CBD * High volume trading venue with strong bottom line * Generous 584sqm* site in Mixed Use Zone * Ample outdoor dining space to cater for current hospitality guidelines * Minimal capex required in the short term with no expense spared on recent renovation * $1.5m restoration of Port Melbournes historic former Court House * Your chance to secure one of Melbournes most stunning and historical buildings
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
Find out your loan options
Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.
