Secure Investment with Long-Term Lease
Shop 6/4 Mitchell Drive, Kariong
$920,000 (+ GST if Applicable)
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102m2Area
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Leased Investment,RetailCategory
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 $49,152 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.
FOR SALE: $920,000 (+ GST if Applicable)
For more information, please contact Geoff Emms at East Coast Industrial - Industrial and Commercial Property Specialists, 0416 244 456.
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