A fantastic investment opportunity with popular Restaurant Alara’s Turkish Pide Grill House as tenant! Rent is excluding GST

Positioned on Cape Street, surrounded by variety of residential buildings and steps away from light rails station and bus interchange, this commercial property offers spacious ground floor 117 sqm site + allocated 1 basement car spot with double shop frontage.

Currently leased to the popular restaurant Alara’s Turkish Pide Grill House, to May 31st 2026 with a further (5) years option.
Rent return: $78,000/annum ( Excluding GST) with CPI increase review annually.

This is an excellen...