Restaurant premises in heart of Southbank for on auction
Staff reporterDecember 7, 2020
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.