4/72 Chapel Street Cowes VIC 3922

Building Area: Approx. 344m²
Zoning: Commercial 1
Lease Term: 5-year lease commenced May 2024
Further Terms: Two additional 5-year options
Rent: $79,500 per annum + GST - annual CPI increases
Outgoings: Payable by tenant

Presenting a rare opportunity to secure a landmark commercial property in the heart of Cowes. This exceptional building, is home to the well-established and highly acclaimed "Chapel Lane" restaurant and bar, boasting an outstanding reputation and glowing online reviews.

Spanning an impressive 344m² (approx.) of internal space, the property features:

-Multiple dining rooms, providing versatile seating arrangements
-A renovated bar and fully equipped commercial kitchen
-Conveniently located front and rear toilet facilities
-Expansive covered alfresco dining areas of approx. 90m²
-Adding further value, the property includes a fully self-contained 80m² (approx.) apartment over two levels with separate access

Strategically positioned next to Olive Justice Place Park, this high-exposure location benefits from strong pedestrian traffic and is surrounded by thriving businesses, making it an outstanding investment opportunity.

For further details, contact Jon Taylor on 0413 966 420.