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27 Marine Parade Hastings, VIC 3915

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27 Marine Parade,
Hastings, VIC 3915

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Securely Leased Restaurant Freehold Overlooking Foreshore

The largest and best equipped Restaurant premises in town of over 300 m² licensed for 303 patrons.
Long 5 year lease to experienced operator with two other outlets on the Mornington Peninsula. Recently refurbished, high quality fit-out, huge well equipped kitchen, large cool room and separate freezer to rear and title to 3 spaces in secure basement car park below. Stepped rental in first term averaging over $60,000 net per annum followed by 2 further options of 5 years with annual increases of 2%. Inspection will delight. Ideal self managed Super fund asset.

Contact exclusive agent Chris Watt on 0417 588 3... for Information Memorandum and to inspect.
Terms: 10% deposit balance 60 days

Hastings, 3915 demographic data

The median household income for Hastings is $1,197, 37% lower than Greater Melbourne's household income of $1,901. Hastings has an older age profile compared to the rest of Greater Melbourne (median age 41 vs 37). Property ownership data shows 49% of property owners in Hastings have a mortgage.

10,369
Population
$1,197 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
0417 588 3...
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27 Marine Parade
Hastings, VIC 3915
Century 21 Home Port - Hastings
2100 Frankston Flinders Road
HASTINGS, VIC 3915

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