SOLD - 86 Smith Street, Collingwood, a blue-chip freehold building securely leased to a highly regarded operator.
Key attributes of the property include:
186sqm* of land in a popular city-fringe location
Modern 275sqm* freehold building comprising basement, ground restaurant and first floor office
Restaurant & office leases to Maha Bar and Maha Restaurant
Secure combined income of $127,720pa* + GST and outgoings as of September 2023
Restaurant with 5-year lease and options to 2037
Convenient rear access and on-site parking
Situated within a vibrant hub of food, nightlife, and culture
*Approximate
For further information please contact:
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Tim Grant - 0478 666 275
James Latos - 0422 604 900