Woongarra Street 48 Shop 2
This strata titled commercial shop with a floor area of 166m2 is within a complex in a popular restaurant precinct area of Bundaberg City. It is a very well presented fully airconditioned property and is the home to the long established and popular Indian restaurant. There is a substantial common area customer carpark at the rear with 7 carprks dedicated to this restaurant, and also a storage shed at the rear of the complex.A three year lease option was taken up 18 November 2017 and there is a further 3 year option to follow.Great position, excellent presentation, long standing tenant and an attractive return on investment of almost 8%.
$550,000.00 GST Exempt
- Investment Property for Sale
- Strata Titled Shop
- 166m2 Floor Area
- Leased to Popular Indian Restaurant Operator
- Business Long Established at Location
- 3 year Lease option taken up 01/04/2019
- Further 3 Year Option Term to Follow
- Town Gas Supply to Premises
- Common Area Staff/Patron Carpark at Rear
- Exclusive use of 7 carparks, and a shed at the rear of the complex
- Excellent Presentaion
- Attractive Net Return on investment
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