ICONIC PREMISES
After many years as a well established restaurant, this premises is now primed for a conversion to medical, retail or office, a high density redevelopment or to simply continue it’s life as a restaurant.
With a substantial building, ample parking and located in the medical precinct surrounded by private hospitals and specialist centres, the premises is ideal for a conversion to medical.
Or, with a 5 storey height limit and a range of potential uses the property is primed for a redevelopment.
Alternatively, with a large fully fitted kitchen, grease trap, huge exhaust system and high capacity dining area, for a hospitality operator the building could simply continue it’s life as a restaurant.
Features include:
| Sale Analysis | |
| Sale Price: | $1,860,000 + GST |
| Sale Date: | November 2022 |
| NLA Area: | 350sqm* |
| Land Area: | 708sqm* |
| Land Rate / sqm | $2,627/sqm |
| Vendor: | Private |
| Purchaser: | Konya Capital Pty Ltd |
*Approximately
Three-level residential complex comprising of 12 individually strata titled units offering three 1-bedroom and nine 2-bedroom units with an allocated car bay each. Valid subdivision approval for 5 lots of 256sqm each of excess rear land. Proximity to major arterial routes of Carrington Street, Leach Highway and South Street. Key … Read more
Rock Solid Investment – 8.2% Yield – Asking Price of only $2.9 million and it’s all very Legal….