James Gregson Commercial is offering a substantial shop and dwelling in a renowned waterfront hospitality precinct leased to a long standing restaurant. The property is offered for immediate Private Sale.
Key features include:
• Building Area: 300sqm* comprising of ground floor restaurant & separately accessed first floor 2 bedroom dwelling
• Land Area: 273 sqm* with excellent rear access
• Long lease to established tenant at current rental of $87,599.01*pa + GST
• Close proximity to public transport (approx. 100m west of subject location)
• Successful Thai restaurant since 1991
• Super prime waterfront investment with future long term development upside in highly sought after location offering significant rental and capital growth potential