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Commercial for Sale in Young
Commercial Freehold with Solid, Long Term Lease Return
- Building: 54m²
- Land: 784m²
Next Steps:
Enquire with agentHigh exposure, MU1-Mixed zoned, freehold site located opposite Bunnings, Forty Winks, Pets Domain and close to other major retailers.
Its near new, 3 year commercial lease expiring October 2028 + 7 year option periods to renew, make this a solid commercial investment.
Commercial premises offers approx. 54sqm's net lettable area outdoor dining, proudly presented with amenities and storage room.
Commercial investors will be coaxed by its current lease income of $45,760 pa and lessee pays 100% council rates, water & utilities.
Built circa 1995, surprising with an approx. 200sqm, 4brm 1 bath residence on two levels with further potential to develop STCA. Enjoys main road frontage and exposure from this approx. 784.1sqm's site, the only eatery within 600m in this progressive location. Features 3ph power, natural gas, above-ground grease-trap, cool-room, secure off street parking and incomplete shed structure.
This is your chance to break into the tightly held commercial market - The vendor is divesting and prepared to meet the market. Being sold as a ?going concern? under lease.
Please Note: Whilst all care has been taken by Ray White Young to ensure accuracy in preparation of the particulars herein, no warranty or representation, express or implied, as to the accuracy or completeness of the particulars provided is made or given by us and interested parties must therefore rely on their own enquiries. Liability for any error, omission, negligence or misrepresentation is hereby excluded t
54m²
784m² / 0.19 acres
MU1 Mixed Use
Vacant
Next Steps:
Enquire with agentAgents
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