40 North Tce,
Securely leased commercial investment
Modern commercial café building with prime exposure to the main road and located in the hub of this vibrant central business zone of the Port Elliot township.
The improvements comprise a building of some 155m2 including commercial kitchen, cool room, vaulted ceiling to the main café / restaurant area with R/C air conditioning.
There are disabled wet areas, stainless steel range hood installed, grease trap and on site storage facilities.
Security monitoring, NBN and gas plumbing make this modern commercial use property suitably equipped to cater for the thriving tourism industry at Port Elliot on the Fleurieu Peninsula of South Australia.
There's an attractive, paved alfresco courtyard to the street frontage with a water feature installed.
A secure lease is in place until December 2021 for the catering /café / retail enterprise on a 5 year lease with 3% per annum rental increases.
Zoned town centre on a site of some 311m2 and amongst other thriving retail and professional business establishments, also popular with both tourists and locals all year round.
The quality fit out to the building, with depreciation advantages to the landlord and secure lease in place makes the acquisition of this commercial use property a fine investment opportunity for a range of future enterprises. (Subject to consents)
For most genuine sale under instructions from the registered proprietor interested parties are advised to contact the sole selling agents for details and inspection arrangements.
Contact sole selling agents Dodd & Page Pty Ltd to arrange a private inspection by appointment, or for further property information.
Members of the Real Estate Institute of South Australia since 1922. RLA 1381
Philip Dodd 0409 094 202
office 08 8554 2029
51 The Strand, Port Elliot