38-40 Cambridge Road
Bellerive, TAS 7018
The Jewel of the Eastern Shore
The two properties have frontage to Cambridge Road and Victoria Esplanade, (Bellerive Boardwalk), within a strong and improving commercial location.
38 Cambridge Road: The ground floor tenancy and currently a licensed restaurant, is leased at a rental of $64,995 net (exclusive of GST) per annum, plus outgoings, with the lease expiring in April 2021.
40 Cambridge Road: The first floor tenancy and a 2 bedroom apartment, is subject to a monthly tenancy arrangement, at a rental of approximately $317 per week.
The licensed restaurant, which is accessed directly off Cambridge Road, has a seating area for approximately 80-100 patrons and incorporates a commercial kitchen, a dry store, cool store, separate male and female toilets, disabled toilet and an external seating area adjacent to the Cambridge Road footpath.
The 2 bedroom residential apartment on the first floor comprises a kitchen, dining room, laundry; two bedrooms, a third bedroom or living area and a bathroom.
This is your opportunity to take advantage of this offer and secure 2 properties that have variety of opportunities:
• Owner Occupation
• Development opportunity
Please call now for further information
Property ID: 503292386Last Updated: 7 Dec 2019