Welcome to 133 Oberon Street, Oberon – a remarkable property that presents an enticing investment opportunity with not one, but two thriving businesses. This prime location features both a popular pizza store and a charming café, making it a highly desirable prospect for astute investors seeking multiple income streams.

Located in the heart of Oberon, this property enjoys the benefits of a thriving community and a strong local economy. Oberon Street is a vibrant hub, offering a range of amenities including shops, boutiques, and recreational facilities. The constant foot traffic and active community contribute to the ongoing success of the businesses housed within the property.

The ground floor of this property is divided, with the left side housing a bustling pizza store. Known for its delectable flavours and exceptional service, this established tenant ensures a steady flow of customers. The inviting atmosphere and tantalizing aromas create an irresistible draw, making it a favourite dining destination among locals and visitors alike. The strategic location on Oberon Street ensures high visibility and accessibility, contributing to the continued success of the pizza store.

Adjacent to the pizza store, the right side boasts a charming café that adds to the property's appeal. The café offers a warm and welcoming ambiance, creating an inviting space for patrons to relax and indulge in delicious food and beverages. With a diverse menu, comfortable seating, and a reputation for quality, this tenant attracts a loyal customer base. The café's proximity to the pizza store allows for shared foot traffic, ensuring both businesses benefit from each other's presence.

Situated on an approx. 170.5 sqm block, Investing in 133 Oberon Street offers the advantage of two income-generating enterprises, providing a diversified revenue stream. The stable and established businesses provide a reliable return on investment, making this property an attractive prospect for those seeking financial security and growth.

RETAIL LEASE ONE – 133A Oberon St
Lessee: The Hub Gourmet Pizza Bar
Permitted Use: Pizza shop and takeaway
Term: Ten (10) Years from 1/11/2022 to 31/10/2032
Annual Increases: 3%
Security: Six (6) month security deposit

RETAIL LEASE TWO – 133B Oberon St
Lessee: Fusion Café Oberon
Permitted Use: Cafe
Term: Ten (10) Years from 1/11/2022 to 31/10/2032
Annual Increases: 3%
Security: Six (6) month security deposit

On top of the rent, Fusion Café will provide a 5% Gross Income Share - currently 5% of $5,000 per week, however the cafe has brought in $10,000 per week prior to this lease commencement.

Year 2 Net Income: $60,255 + 5% Gross Income Share from Fusion Cafe
= $71,500 incl. GST (based on $5K per week)

Year 10 Net Income (after 3% increases): $76,329.24 + 5% Gross Income Share from Fusion Cafe
= $102,329.24 incl. GST (based on $10K per week)

Please contact PropertyFox agent Lachlan Worthington on 0421 777 8... for further details or to receive details on similar long-term investment opportunities.