104 Elder Street,
Lambton, NSW 2299

The subject property is located on the northern side of Elder Street, approximately 90 metres from the intersection with Morehead Street and approximately 67 metres from the intersection with Grainger Street. Elder Street is the main retail and commercial hub of Lambton and services the local and surrounding residential population. Lambton is located approximately eight kilometres west of the Newcastle CBD.

The property comprises a ground floor split-level retail tenancy currently operating as a café / restaurant. Internally, the property features an open plan café area with a service counter, commercial kitchen, gender specific amenities and two offices at the rear. There is a rear access door with a security grille providing side access from the street. The property has been recently refurbished with the café area boasting a stylish new fitout.

- Total site area - 378sqm (approx.)
- Total strata area - 136sqm (approx.).
- Currently leased on a 6 year term with two further 5 year option periods
- Current income $62,400 per annum net (approx.) plus GST
- Established business trading in current location for 11 years
- On-premises license to trade 7 days a week
- Zoned B2 Local Centre under Newcastle LEP 2012

For Sale - $1,150,000 (sale of a going concern).