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Offmarket

Restaurant in a Major Student Hub Offering 7.5% Net Return

Property ID: 16071285
Purchase Price $680K

Net Rent $51,150 P.A.
Net Return 7.5% Approx.

Lease term from 1 June 2016 - 22 June 2020 (4 year lease term) with a 3 year option to renew


An opportunity to purchase an entry level retail commercial property investment in a vibrant location.The restaurant is ideally located in major university student hub with over 50,000 students attending the nearby University.

There is also a $251 million planned expansion of the university to be completed by 2020 providing additional accomodation for 1,300 students.

LOCATION DETAILS
1km University hub.
Located in popular dining/retail precinct for students and locals
Exposure with potential for signage
5km or 15minutes from Capital City CBD.

PROPERTY DETAILS
252m2 floor area
Restaurant operating under current owner for 2 years
Surrounding Retailers inlcude BWS, Subway, IGA, Liquorland

Contact Yujin Yeoh on 0479 191 815 for more details





Matthew Barnes

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Type: Commercial

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Matthew Barnes

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Type: Commercial