•Returning $61,565.22 pa net
•Lakewood commercial precinct
•Long lease, built-in growth
•Established restaurant tenant
Lakewood has become one of Cambridge's defining commercial destinations. Bringing together hospitality, retail and professional services within a contemporary mixed-use precinct, it has established itself as a destination where people choose to meet, shop and dine.
Positioned within the development, 34C Lake Street is leased to Chilli House, an established restaurant occupying modern premises completed in the 2020s. Returning $61,565.22 per annum plus GST and outgoings, the property combines the benefits of a quality tenant with the simplicity of modern construction and low-maintenance ownership.
Backed by a long-term lease with built-in rental growth, this freehold investment offers confidence today while securing a position within one of Cambridge's most successful commercial developments for years to come.
