This property is a unit on a parcel in SP74672 Roseville NSW. The local council is Willoughby, featuring 0 bedrooms, 0 bathrooms.
SOLD BY NICK MOLONEY - 0477 545 111 Located in this bustling light industrial area of Chatswood / Roseville, this set-and-forget caf investment ticks all the boxes. Exposed to all the vehicular traffic through 28 Barcoo Street, this is the "locals favourite" and "go-to" of the area. Servicing a large number of businesses within the immediate proximity, the property is exceptionally well presented with a welcoming 50sqm exclusive outdoor seating area, light and bright entrance and dining setting. The custom fit-out service area is exceptionally well kept and tidy, with the back of house operations including prep area, cool room, kitchen, exhaust and grease trap facilities cleverly tucked away. Term:5 years + 2year optionCommencement: 28.04.2017Term remaining: 1 year 9 months + 2year option Increases:4% annuallySecurity:3 months bank guarantee Income: $52,337.80 p.a. + GSTOutgoings:$6,684.88 p.a. + GST (only $1,308.40 payable by the lessor)Net income:$51,029.40 p.a. + GSTThis set and forget style caf investment is well suited to the first-time or even seasoned investor, a quality addition to any new or existing portfolio.