sold
Industrial / Warehouse
LONG TERM LUNCH BAR INVESTMENT
Unit 1, 202 Star Street comprises a quality unit situated in a busy industrial precinct within Welshpool - leased to 'Island Vibes Café' until October 2029.
Operating as a lunch bar and catering facility, the building of 149sqm occupies a prominent corner position within the four unit complex and comprises a glazed shop front with brick elevations and metal deck roof cover. Situated on a 245sqm survey strata lot, a 96sqm yard provides ample parking across seven (7) parking bays and bonus yard space.
Key Features
* Over Six years remaining on lease
* Core Welshpool Location
* Net Passing Income of $38,189 pa
* Survey Strata Lot - 245sqm
Tenancy Details
* Tenant: Island Vibes Café
* Net Rent: $38,189 pa
* Lease expiry: October 2029
* Reviews: Annual to CPI
| Land area | Building area |
|---|---|
| 245.00 m2 | 149.00 m2 |
