This extremely unique tenancy has recently been leased to a successful hospitality operator. Waterfront dining opportunities like this are few and far between. Showing an impressive yield and long lease, this investment is sure to impress every savvy investor.
- Tenancy 701 has recently been leased to Alfresco Pizzeria & Wine bar
- New 5 year lease, expiry 2019.
- 1x 5 year option
- 8.5% yield
- Currently returning a net income of $42,500 per annum with 4% increases annually and market review prior to commencement of any options.
- Brand new restaurant fitout recently completed with waterfront dining.
Centrally located with ample undercover parking, approvals and other quality long-term tenants in place, Emporio offers unrivalled accessibility, modern amenities and great mix of residential, commercial and entertainment.
For further information or to arrange an inspection please contact Luxe Commercial Managing director Chris Sales on 0404 866 520 or Ray White Managing Director Michael Shadforth on 0488 981 076.