544-548 Greenhill Road, Unit 5 , Hazelwood Park

UNDER CONTRACT

544-548 Greenhill Road, Unit 5 , Hazelwood Park

  • Price: Contact for price
  • Location:HAZELWOOD PARK

UNDER CONTRACT

An affordable Eastern Suburbs investment holding with valuable developmental approvals to operate as a licenced restauarant facility.

Unit 5 has a lettable area of approx 100 square metres and enjoys long standing/valuable developmental approval/Licensing Approval to be utilised as a Licensed Restaurant/Take-away and currently is operating as “Samui Thai”, with existing Restaurant Licence allowing for seating of 18 persons.

Securely leased to a proven Tenant for an extended three year term commencing 01.09.2012, with 1 three year option remaining.

Existing Rental is conservatively set providing genuine rental/capital growth prospects.

Unit 5, is offered by Private Treaty, at a declared price of $410,000.00 (GST exclusive).

Any sale will be conditional on the existing lease being Assigned to the Purchaser at time of Settlement.

As the property is fully leased, it will be treated as a Going Concern, and will be free of GST.

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