A fantastic investment opportunity with popular Divine Cafe Bar as tenant!

Positioned Jamison Park Plaza, surrounded by variety of residential buildings and shopping centers, this commercial property offers spacious ground floor 79 sqm site + allocated 1 basement car spot.

Currently leased to the popular restaurant Divine Cafe Bar, to June 30th 2028 with a further (5) years option.
Rent return: $41,500/annum plus GST from March 2021 with rent increase of 3.5% annually
Current rent is around $48,901/annum including GST.

This is an excellent opportunity to enjoy the future developing benefits of Jamison Park! Don’t miss out and Call or text Alex Wang 0402 169 387.

Features:

• Super location! close to the shopping Center
• Huge amount of passing vehicle traffic and excellent street exposures
• Current tenant is a popular resturaunt
• plenty of on street parking

Particulars (all approx.)
Rates: $5,156 per annum
Levy: $938 per quarter approx.

DISCLAIMER
We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits. Any figures and information contained in this advertisement are approximate and a guide only and should not be relied upon for financial purposes or taken as advice of any nature. Individuals, Self-Managed Super Funds, companies, anyone or entity, should make their own inquires and seek their own advice and rely only upon those inquiries and advice.

Archer does not guarantee the accuracy of the information above and are not financial advisers or accountants and do not provide any of the above information as advice of any nature.