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Tenanted Restaurant Investment!

A/3 Bute Road, Browns Bay

Retail Property
dollar

POA

Floor area
444m2
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Property details

Listing # NSC39335 | Listed on 3 November 2022

NAI Harcourts are proud to exclusively offer a superb opportunity for an investor to secure a proven tenanted investment in the beachside suburb of Browns Bay.

The lease has been renewed for a further term of 5 years from 1st November 2022 with a net rental of $106,377 + GST + Outgoings. An ideal opportunity for an investor looking for a hassle-free investment.

Total building area of 443.5 sqm including mezzanine area of 121sqm and over 30 shared car parks.

Investment highlights:
- Lease renewed for 5 years from 1st November 2022
- Annual rental of $106,377 + GST
- 2 yearly market rent reviews
- Professionally managed property
- Outgoings 100% recoverable
- Personal guarantees and security deposit

Call us now for more details to obtain a copy of the Information Memorandum and to arrange an inspection time.

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