247 Flinders Street, TOWNSVILLE CITY QLD 4810
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- 7 Nov 2016
Fantastic Investment Opportunity - Popular Restaurant "CHICO RIO" - TOWNSVILLE CBD
Elders Commercial as exclusive agents take great pleasure in presenting the recently refurbished Samuel Allen & Sons building to the market, the opportunity now exists to purchase this heritage listed building located at 247 Flinders Street, Townsville. This classic building has been tastefully restored to accommodate the thriving and successful "Chico Rio" restaurant business.
Solid returns with long term tenure offer any investor a secure yield on their investment with a lease to be commenced prior or at settlement with option periods. The buildings internal area features over 500 square metres of fully air-conditioned floor space currently offering 3 levels of comfortable dining with entertainment areas.
Flinders Street (East) links the Townsville Casino, Accommodation and Entertainment Centre precinct's to the Townsville CBD and is now the entertainment, dining and tourism related strip within the City Centre.
The Tenant "Chico Rio" offers Brazilian Churrasco (BBQ) cuisine and is one of Townsville most popular eatery's which rates highly on the respected Restaurant Web-site's "Trip Advisor Australia" and the "Urban Spoon". "Chico Rio" web-page - http://www.chicorio.com.au/
For further information, Inspection or to request an Information memorandum contact ELDERS COMMERCIAL - Girish Menon - 0414 985 243
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
247 Flinders Street TOWNSVILLE CITY