The property consists of a ground floor restaurant area of approximately 95m²* with additional alfresco area plus a 2 level, 3 bedroom residence, consisting of approximately 199m²*.

The total internal gross floor area is 294m²* plus outside alfresco areas.

The unique freehold premises that is well exposed to high volume vehicle traffic on a daily basis and also offering frontage to the new light rail “G-Link System”.

The residential residence is currently vacant and the restaurant is currently leased on a month by month basis offering the opportunity for a potential end user to occupy the entire building or else offering the flexibility of purchasing the property as an investment with the ability to lease the ground floor restaurant and residential area separately.

Sales Analysis*
Net Lettable Area:294m²* + alfresco
Vendor:Private Company
Sale Date:15th August 2014
Enquiries:20

 

Sales Process:
Process:Auction
Marketing Time Frame:4 weeks
Marketing Budget:$5,765.00
Sale Price:$1,310,000

 

*approx