Situated facing one of the busiest intersections in suburban Newstead and within the vibrant retailing locale of David Street and Elphin Road, this premier property has been the successful home of Elphin Continental Cakes for over 35 years. Now retiring, the owners are offering to pass the valuable location to others seeking a prime trading corner.
A tempting morsel, the property combines retail frontage to Elphin Road; on-site parking behind, plus an immaculate three bedroom residence and private gardens. Although the bakery equipment has been removed, there is the likelihood (STCA) of redeveloping a food related business, or indeed other retail which would benefit from the high profile location and immense passing traffic, both vehicular and foot.
Should the combination of an outstanding business location, and the opportunity to live on-site be what you seek, then this property will undoubtably "fit the bill".
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
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