– New 10 year net lease to long established tenant
– Brand new contemporary building with high depreciation allowances
– Quality up market restaurant operation with extensive fitout & valuable outdoor seating area
– Corner position with two extra large street frontages
– Great building foyer exposure and access
– Successful restaurant group with multiple locations
– Strata area 251sqm
– Busy media, entertainment and residential locale
– Annual 4% rent increases
– Tenant pays outgoings, as per lease
– Net income: $182,000pa + GST
– FOR SALE: $2.45m (circa 7.5% net yield)