Very rarely can you find a mixed use property that combines business with residential spaces. The offering comprises a commercial café space, with a 5 year lease with options for a further 5 years, and 3 residential tenancies leased with secure tenants.
The Tamar River enhances the ambience of the location while the proximity to the water also complements the lifestyle that is enjoyed by the residential tenants and traffic to the cafe. In addition, two further dwellings, each entirely independent, deliver pleasing investment returns on an allotment where second access from Archer Street inspires consideration of development scope if so desired, STCA.
It's location on the Tamar Wine Route attracts a good flow of local, interstate and international trade. Cafe Lease 5yrs with a 5 yr option. Residential leases all annual.
Total approximate gross income: $77,532 Further details available on request
