Cafe Investment On Little Boundary Road!

Sold - 17/47-51 Little Boundary, Laverton North

Investment opportunity, Retail, Hotel/Leisure

Sale Details

Sold on 17 May 2017 for $515,000

Building Area 93m²
Rate $5,538 per m²
Yield: 6.72%

Overview

Sale History ID: 27660
Property ID: 12991
Advertised Price: $515,000

Description

CVA Property Consultants are pleased to offer an outstanding investment opportunity at Unit 17/ 47-51 Little Boundary Road, Laverton North.

The subject property comprises a retail premises of 93m² located within a business hub development of 18 units. The property is positioned at the front of the business complex offering great exposure to Boundary Road and Little Boundary Road and a convenient location with the Western Ring Road on and off ramps and associated arterials being less than one kilometre away.

Property features include:

- Floor area 93m²
- Established tenant with 5 years remaining on lease
- Covered outdoor seating area with surrounding safety barricades
- Bi-fold aluminium doors
- Fully equipped kitchen with cool room
- Air conditioning and three phase power
- Ample on site parking

For further information or to arrange an inspection. Please contact CVA Property Consultants today!


Additional Info
Features
TenancySt George Culinary Solutions Pty Ltd
Lease Term5+5 Years
Commenced21st June 2015
Rent Review3% annually
Bond/GuaranteesBond and Directors guarantees
Outgoings PayableBy Tenant
Air ConditionerYes
Car Parking FeesNil
Car Spaces10 on site
ConditionExcellent
Height3 meters approx
Roller DoorsNo
Wheel Chair AccessYes
ZoningIndustrial 2
Outgoings
Owners’ CorporationTBA
Council RatesTBA
Water RatesTBA
Land TaxTBA
Agent Details
CVA Property Consultants - Bradley Ellul

Bradley Ellul

M | 0418 136 612
T | (03) 9623 2567
E | [email protected]

CVA Property Consultants - Leo Mancino

Leo Mancino

M | 0418 343 147
T | (03) 9623 2570
E | [email protected]