Rare opportunity to acquire prominent shop front over two levels within tightly held shopping strip directly opposite Arncliffe railway station. Street front ground level entry comprises good size restaurant with fully fitted out kitchen, amenities and storage with rear access to parking. Upstairs consists large function room, storage area plus additional small tv/lounge room at rear. Current zoning "B4 Mixed Use" with possible development potential (Subject to Council Approval) with land area approx. 139sqm. Ideally suit astute investor with existing long standing tenant with current rental $54,600 per annum plus outgoings paid by tenant. Excellent location with inspections by appointment only.
Approx Outgoings paid by tenant:
Council Rates $607 p/q
Water Rates $1,100 p/q