Secure Long-Term Lease - Healthy Return

Shop 6/4 Mitchell Drive, Kariong NSW 2250

$895,000 (+ GST if Applicable)

An established and popular Chinese restaurant located in the heart of Kariong's busiest shopping centre.

  • Current 5-year lease in place, expiring April 2029, with a further 5-year option
  • Approx. 102 sqm of prime retail space with prominent frontage and regular shape
  • High foot traffic area with ample onsite parking for customers
  • Long term use: The premises have essentially been a Chinese Restaurant since the Centre's inception
  • Strong rental income of $52,258 net per annum (excluding GST)
  • A proven performer offering stability, strong location fundamentals with excellent visibility and access.
  • Don't miss out on this quality, low-maintenance investment with strong long-term appeal.

PRICED FOR IMMEDIATE SALE: $895,000 (+ GST if Applicable)

For more information, please contact Geoff Emms at East Coast Industrial - Industrial and Commercial Property Specialists, 0416 244 456.

Property ID: 0000000160

Geoff Emms

Director

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