TASTY PARNELL INVESTMENT - SIX YEAR LEASE

Property listing ID: 75807

Floor area
68m²
Price / method
Sold September 2017

Ideal entry level investment opportunity situated in a prime retail location in the upmarket suburb of Parnell. This ground floor retail unit has a new six year lease from 11 July 2016 returning $59,700 p.a. + GST and outgoings. The business has been operating since 2004 and sells a range of premium Movenpick Swiss ice cream, milkshakes, smoothies, desserts, coffee and take home packs. The premises are very well presented with excellent frontage to Parnell Road with seating available outside the unit. The property provides an excellent opportunity to secure a foothold in this tightly held and sought after suburb. • Excellent city fringe location • Six year lease from 11 July 2016 • Net rent $59,700 p.a. + GST and outgoings • 68m² approximately plus one covered car park • Ideal entry level investment • Call now for more details

Listed by Barfoot & Thompson , John Stringer (City Commercial) , Agnes Teh (City Commercial)