An opportunity to purchase at way below replacement value is on offer! This free standing building with car park and council approved fully equipped Restaurant is a stand out, and an ideal acquisition for investors, those seeking a new career opportunity, or expansion in to the cosmopolitan Hamilton precinct, in this high exposure position with plenty of passing pedestrians and traffic.
Formerly the very successful and popular 'Gelato Dolomiti" Italian family restaurant, the property offers seating for 60 guests, full commercial kitchen with walk-in cool room and freezer room, dining area, internal courtyard with automated opening sunroof, preparation and storage room, front counter, and toilet facilities, plus 5 car spaces at the rear. Upstairs features a two room office with kitchenette and bathroom. The rental potential of the property would be between $55,000 - $60,000 per annum plus outgoings.
Potential for further high density development is also an added bonus with this acquisition (subject to Council approval). Explore its' potential for further development with its close proximity to the railway, shopping centres, university, TAFE, city centre & foreshore.
This is an opportunity not to be missed, with the owner's expectations being realistic and willing to meet the market.
Contact your selling agent George Rafty.
