- Busy Chinese restaurant returning net $40,860 + GST
- Just-renewed 3 year lease to September 2019
- Neighbours include Les Mills, Momo Tea & Tai Ping Supermarket
- Floor area approx. 110sqm
A quality affordable investment opportunity is presented to the market - tenanted by LZ Kitchen, a local popular Chinese restaurant. The property is returning a net rental of $40,860 + GST, with the lease just renewed for an additional 3 years.
This freehold unit title property enjoys a high profile position in the heart of the Sommerville Shopping Centre, a popular convenience development with significant on-site parking and plenty of surrounding shops.
The immediate locale comprises a mix of residential and commercial - with major nearby established businesses including Countdown, Les Mills, Momo Tea and Tai Ping Supermarket. Other amenities in close proximity include Meadowlands Shopping Plaza, Sommerville Shopping Court, Botany Downs Primary School, Sommerville Intermediate School, and Howick College.
A bite-sized affordable investment such as this must be considered!