Skip to main content
SearchBack to results

18 Kangaloon Road Bowral NSW 2576

  • Hotel / Leisure
  • Floor Size1,274 m²
  • PriceCommercial Auction

Rare Investment with Upside - Affluent Southern Highlands Region

Biota comprises two restaurants plus 12 well presented queen rooms
Huge 6,042 sqm site with major residential development upside with potential for up to 36 dwellings (STCA)
Established tenant on long term lease with options to 2030
Biota fine dining is a highly awarded two hatted restaurant established in this location since 2010
Tenant undertook major refurbishment in early 2019 incl. launching Berthas Meats bar and grill which is a casual alternative to their fine dining
Generous fixed 3% annual rent increases
Attractive net lease with tenant paying outgoings, as per lease

Net Income
$298,555 pa + GST

Auction
11am AEST Tuesday 6 August 2019
Doltone House Hyde Park, Sydney

Auction date and time06/08/2019 11:00
Auction location18 Kangaloon Road, Bowral NSW

Property Highlights

Property ID2015425756
Floor Area1,274 m²
Land Area6,042 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  8 Jul 2019
Map for 18 Kangaloon Road Bowral NSW 2576
Burgess Rawson Sydney
Level 18, 15 Castlereagh Street Sydney NSW 2000

Ask Simon Staddon about this property

By sending this message, you agree to our Privacy Policy.

More Properties for Sale from Burgess Rawson Sydney

3 Macdonald Street Yass NSW 2582
For SaleFor Sale/Lease by EOI
3 macdonald street,yass, NSW 2582
1,517 m²
Industrial / Warehouse
90 Stroud Street Bulahdelah NSW 2423
Commercial Auction
90 stroud street,bulahdelah, NSW 2423
270 m²
Retail
60 Moss Street Slacks Creek QLD 4127
Commercial Auction
60 moss street,slacks creek, QLD 4127
3,174 m²
Retail
Contact Agent