Prized commercial cafe investment. Located in the bustling Hallam industrial precinct this proven cafe is a great investment to grow your portfolio. Securely let on an 8 year lease from April 2015 with options and annual 3% increases. Currently returning $50,032PA plus Outgoings. The Tenant has two further 5 year options. Recently renovated interior including vibrant furnishings, quality lighting and tiling throughout. The title comprises of a shop area circa 209m², the courtyard and ten (10) carparks. The courtyard is now suitable for Melbourne's climate offering plenty of external seating. The original permit had a capacity for approximately 70 patrons.
The business park, 94 Abbott Rd, has 26 visitor car parks so the cafe can cater for large groups. It's never been so easy to make your next investment. Opportunities of this distinction don't come around too often; so make the time to drop in and have a coffee!
Contact Facey Industrial now on 9701 4455 to arrange your personal tour.