Secure one of the hottest investments on the Carnegie strip and settle in for a taste of long-term security and growth. Currently tenanted by a proven operator with a 5-year lease for today and ongoing options, this two-storey hospitality premises is set to serve up great returns well into the future. One of the most recently renovated properties on the strip, 'La Cabra' restaurant's high-quality fit-out reflects the success of the existing business. A quick walk from the station at the heart of the strip, this central property will always be preferred destination for tenants and their customers.
198sqm* 2-storey restaurant premises on 259sqm* site
On 5-year lease to a proven hospitality tenant
Two further 5 year options anticipating tenancy until 2039
Current rental, $104,000pa+GST+outgoings with annual 4% reviews
100-person seating capacity
2 equally stylish levels linked by a solid feature-stair
Cool room, 2800L grease-trap, rev-cycle air-conditioning
Well-utilised outdoor covered and open dining areas
4 WCs 3 ground-level, 1st-floor
Rear storage/parking apron and excellent on-street parking
Backing Woolworths parking-lot
250m to Carnegie station and 20 minutes by rail from the CBD
Well-trafficked route to Chadstone Shopping Centre
High-growth locale of multi-level multi-unit residential development
Inspection Times
Monday, 28th July 10:00am 11:00am
Monday, 4th August 10:00am 11:00am
Monday, 11th August 10:00am 11:00am
Monday, 18th August 10:00am 11:00am
Monday, 25th August 10:00am 11:00am
And
Thursday, 28th August AUCTION DAY
*NB All prices exclude GST and Outgoings unless otherwise stated and all sizes are approximate.
This estimate of the net internal area of the premises is indicative only and should not be relied upon and is not a substitute for undertaking precise measurements of the premises.
The core focus of DBRE is industrial, commercial and retail property.
Between us we offer over 100 years' experience in the commercial and industrial property markets with intricate knowledge of Melbourne's south east corridor. Please feel free to contact us to discuss your commercial property needs.
Forge ahead, armed with insights and backed by expertise. The future looks bright with DBRE. #onestepahead with DBRE
