Situated within the SJB designed brand new exclusive Clarion Residences and amongst the dynamic neighborhood of Alexandria, Shop 1, 19 Ralph Street is a secure retail investment with a rare 10 year lease.
Favorably positioned on a prominent corner, the property features 115sqm* of on title area plus exclusive use bathrooms.
With an abundance of natural light through large glass sliding windows, the property flows seamless inside and out.
Brand new, the stylish and modern fitout is owned by the vendor with significant depreciation benefits.
The property has just been leased to Maple and Finch Pancakes on a brand new 10 + 3 + 3 year lease, commencing 1 November 2021.
The café will open its doors in October with an offering focused on pancakes and brunch.
The operators have a significant 7 years of experience in owning and operating successful cafes within the area.
Key highlights:
/ Prominent ground corner retail in a brand new development
/ Total of 115sqm* area plus exclusive use to a bathroom
/ 80sqm internal space and 35sqm external outdoor seating
/ Secure 10 year lease with 3 + 3 year option
/ Favourable 4% annual increases
/ Brand new $400,000 fitout owned by the vendor with massive depreciation allowances
The café sits directly opposite the Auspost Business Centre with 1000 + employees and along the densely populated Ralph Street ensuring a large catchment area for trade.
To receive an IM or to organise a private inspection, please contact the exclusive selling agents:
Shane Blackett
0410 093 392
Will Dawson
0499 102 034
