$720,000
23 Vernon Street, South Kingsville, VIC 3015
Outstanding Leased Freehold With Further Development Options!!
Perfectly positioned with a village vibe, ideally poised to provide ongoing success, this vibrant, highly visible commercial property currently enjoys a renowned profile and positive reputation as 'DUKKAH', a restaurant and bar/cafe that reflects its current owners' commitment to quality - in food, in fittings and finishes, in creating a friendly, welcoming village venue.
- Rear Lane access
- Leased at $33,745 PA PLUS GST 5x5x5 with 4% annual fixed increases (currently in the last year of the 1st term with two further options)
- Outgoings paid by tenants
- Floor Area 250 m²
- Land Area 250 m²
The character and comfort of the restaurant patrons' area is complemented by the stainless steel efficiency of a HACCP certified kitchen, a substantial cool room, plentiful storage spaces, rest room facilities and a flexible mezzanine office zone. The allotment's rear right-of-way adds to the present day appeal as well as inspiring ideas for adding an upstairs apartment (S.T.C.A) that could add a residential element to a restaurant premises that clearly has a fabulous future.
'Opportunities as this rarely come available, certainly don't delay here'
- Rear Lane access
- Leased at $33,745 PA PLUS GST 5x5x5 with 4% annual fixed increases (currently in the last year of the 1st term with two further options)
- Outgoings paid by tenants
- Floor Area 250 m²
- Land Area 250 m²
The character and comfort of the restaurant patrons' area is complemented by the stainless steel efficiency of a HACCP certified kitchen, a substantial cool room, plentiful storage spaces, rest room facilities and a flexible mezzanine office zone. The allotment's rear right-of-way adds to the present day appeal as well as inspiring ideas for adding an upstairs apartment (S.T.C.A) that could add a residential element to a restaurant premises that clearly has a fabulous future.
'Opportunities as this rarely come available, certainly don't delay here'
Property Info
Municipality
South Kingsville
LEGAL DOCUMENTS
NEARBY PROPERTIES
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