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245 York Street Sale, VIC 3850

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For Sale

245 York Street Sale, VIC 3850

Shop & Retail • Other
Sale Price

$295,000

Floor area

169.0m²

Property extent

Whole

Return

7.5% p.a.

PRINCES HIGHWAY INVESTMENT

The premises has been leased for many years to an Indian restaurant, namely "Khatti's Curry Lounge".
A new lease commenced 01/12/2018 and runs to 01/12/2023 with a 5 year option in place.
The present rent is $23,024PA + GST (i.e. 7.8% yield) with CPI adjustments yearly.
The tenant also pays the outgoings.
There is a very large carpark at the rear associated with Legends.

Property ID: 503185750Last Updated: 7 May 2019

0412 *** ***
245 York Street
Sale, VIC 3850

Agency contacts

Graham Chalmer - Sale

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Graham Chalmer - Sale

237-239 Raymond Street
SALE, VIC 3850
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Kevin Ronchi
Graham Chalmer - Sale
245 York Street Sale, VIC 3850

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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