This commercial freehold is situated on the fringe of the CBD opposite GOTAFE and La Trobe University, providing excellent exposure for the existing tenants business ‘Kwik Bite’ café and catering serving eat in and take away food.
The freehold comprises shop front/café with a two bedroom flat at the rear. The well established business enjoys plentiful foot traffic from nearby business and street parking is available for passing trade.
The flat, (which can be let separately to the shop front if required), has open plan living/kitchen area, two bedrooms, bathroom, carpark and yard area.
Same ownership for over 30 years. Being sold to finalise the estate.
Contract of Sale, Section 32 Statement and Lease Agreements available on request.
Zoning – Activity Centre Zone
Land Area 454m2
Leased
Shop – Current Lease expires January 2027
Flat – Current lease expires January 2025
Rent
Shop – $840 per calendar month (CPI increases annually)
Flat – $220 per week
Total $21,520 per annum
Auction Friday 8th March @ 11am onsite
