23/176 South Creek Road, Cromer
Cromer
Contact Agent
100
Cafe investment within popular industrial park
Located in Cromer's premier industrial estate, on the eastern side of South Creek Road between Middleton Road and Penrith Avenue. This property is currently leased to a cafe that services the entire industrial estate. The property comes with five designated car spaces for staff and customers, making it effortless for both the tenant and their customers to access the store. This investment property offers exceptional value.
* Internal 52sqm + 52 sqm covered terrace
* Five car spaces
* Existing 5-year lease expiring October 2027
* 5-year option to October 2032
* Annual rent $46,929 PA + GST
* Net return of $43,197.8 pa + GST
* Annual increase of 4%
* Alfresco outdoor seating area
* Located Industrial complex with over 70 factories
the location
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