• Tenanted investment returning $51,000pa + GST and outgoings
• Fixed rental increase of 2% scheduled for this September
• Personal guarantee and rental bond in place
This well presented investment opportunity features an established restaurant comprising approximately 72sqm of internal retail area plus an additional 19sqm balcony, offering a functional and attractive dining environment. The property is currently leased to a proven operator, returning $51,000 per annum + GST and outgoings, supported by a rental bond, personal guarantee, and built in annual fixed rent review together with a market rent review mechanism, providing investors with strong income security and predictable rental growth.
Strategically positioned within the highly sought after Rosedale Retail Centre, this property benefits from its location in a vibrant commercial hub consisting of 39 retail and hospitality units. The centre is anchored by two major Asian supermarket brands located at the eastern and western ends of the complex, generating significant foot traffic and ensuring consistent customer flow throughout the day. The surrounding mix of restaurants, specialty retail, and service providers further enhances the centre’s appeal and long term stability.
With its strong tenant profile, secure lease structure, and prime position within one of the North Shore’s busiest retail destinations, this property represents an exceptional opportunity for astute investors seeking stable passive income and long term value growth.
