Restaurant premises in heart of Southbank for on auction

Restaurant premises in heart of Southbank for on auction
Restaurant premises in heart of Southbank for on auction

A restaurant investment in the heart of Southbank is now for sale.

The property is located 1G/ 133 City Road, Southbank.

It is currently leased for seven years with options to extend it even further.

It has a building area of 190 sqm with extensive contemporary fitout.

The rental yield for this property is $85,000 per annum net with reviews of four percent annually. There is a security deposit of $21,353.15

The property is listed for November 23 auction through Ray White agent Brett Diston.

Tags: 
Commercial Property Southbank

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