Description
A SOLID LOCATION FOR FOOD INDUSTRY OR BOATING RELATED BUSINESSES. This commercial strata lot is an easy to manage investment with building maintenance and expenses controlled by strata management. The strength of the neighbouring marine sector and recreation related businesses have consistently shown that location to be reliable. The previous lease generated fabulous rental income from the caf/bakery tenancy. Based on previous tenancies 5% cap rate or more can be achieved. Invest in an established commercial area. Starting a small caf/ catering/take out or other food industry business would be well received especially due to the number of trades employed in the area.
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0BEDS
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0.01ACRES
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0BATHS
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01/2 BATHS
Description
A SOLID LOCATION FOR FOOD INDUSTRY OR BOATING RELATED BUSINESSES. This commercial strata lot is an easy to manage investment with building maintenance and expenses controlled by strata management. The strength of the neighbouring marine sector and recreation related businesses have consistently shown that location to be reliable. The previous lease generated fabulous rental income from the caf/bakery tenancy. Based on previous tenancies 5% cap rate or more can be achieved. Invest in an established commercial area. Starting a small caf/ catering/take out or other food industry business would be well received especially due to the number of trades employed in the area.
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Data last updated: 2022-07-05T16:22:21.79.