Secure Investment with Long-Term Lease

Shop 6/4 Mitchell Drive, Kariong
$920,000 (+ GST if Applicable)
  • 102m2
    Area
  • Leased Investment,Retail
    Category

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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