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38 Cambridge Road Bellerive, TAS 7018

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38 Cambridge Road,
Bellerive, TAS 7018

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Restaurant on Eastern Shore

This quality restaurant space, comprising approximately 190 square metres, is situated in the heart of the Bellerive Village retail precinct on Hobart’s Eastern Shore.
The tenancy, currently vacant, was previously occupied by Whisk and previously to that by Bes Mudi, has superb views over the Bellerive Boardwalk and the Bellerive Marina.
The space was completely refurbished two to three years ago and now comprises a quality restaurant space with all stainless steel kitchen, cool room with chiller unit, all gas fittings, two overhead exhaust canopies and air extraction, three phase power, grease trap and commercial dishwasher.
The kitchen area is located at the front of the tenancy on Cambridge Road with the restaurant area running the full length of the property and overlooking the Boardwalk. The tenancy also has access to male and female toilets plus some storage space located under the premises.
The rental is $50,000 per annum plus rates of $6,500 per annum, land tax of $2,500 per annum and insurance of $2,500 per annum payable quarterly in advance.
The property owner will also consider selling the site for $750,000.
There is also a first floor two bedroom residential flat that is currently vacant that the owner would lease out at $300 per week or sell at $450,000.

Bellerive, 7018 demographic data

The median household income for Bellerive is $1,461, 5% lower than Greater Hobart's household income of $1,542. Bellerive has an older age profile compared to the rest of Greater Hobart (median age 44 vs 39). Property ownership data shows 37% of property owners in Bellerive have a mortgage.

4,945
Population
$1,461 per week
Median household income
44 years
Median age
Owners
Most residents
Families
Most households
03 6231 00...
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38 Cambridge Road
Bellerive, TAS 7018
Raine & Horne - Hobart
119 Harrington Street
HOBART, TAS 7000

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