A wonderful Commercial Investment in the midst of a booming and expanding hospitality strip conveniently situated between Maxi IGA and Woolworths supermarkets and enjoying two sound tenancies within one lease: Tortoise Espresso Café and Table Records, both of which have a sound and solid background in business.
The property fits beautifully into the vibrant strip of businesses with Super Hero Takeaway, Love Shack Brewery and the Theatre Royal all contributing to strong foot traffic and a busy streetscape. The tenancies have been fitted out in a bespoke finish of excellent quality with the café offering a large well fitted commercial kitchen, two separate internal sitting areas, a private rear courtyard (under licence) and footpath trading and table records utilising an open trading floor which can open into the café areas if and when required/allowed.
Set within an iconic and prominent corner building which once functioned as the ‘Commercial Hotel’, the property is part of five individual upstairs apartments and three separate commercial properties on Ground level.
The owner is providing a rental guarantee through until December 2027
$880,000
House size: 126 Sqm
Land size: 126 Sqm