$250,000

Opportunity exists to own a commercial building in the heart of Newborough. Currently leased on a fixed term lease until 7th May 2028 at $900 per month plus outgoings (not applicable to GST), annual CPI increase and market review at end of lease. Fitted with deep fryers, servery, drinks fridge with cool room at rear, kitchen with electric oven, rear store room with extra large freezer plus more. Outside undercover area with grease trap, garden shed, toilet and lockup yard. Current lease holder takes on responsibility of maintaining and replacing any equipment that was in place at start of the tenancy removing liability to owner for replacement/repair. Rear access with lockable gates from Central Avenue. For more information please contact Tanya at Strzelecki Realty 5633 2858.

Property Code: 1983