Lot 1102, 100 Belmore Street Ryde NSW 2112

CBRE & Belroy Property are pleased to present Lot 1102, 100 Belmore Street, Ryde to the market. The asset represents an secure restaurant investment opportunity in the esteemed locale of Ryde. The property boasts an attractive recently renewed 10 year lease to established and long standing tenant 'Cedrus Lebanese Restaurant' which has been operating for 10 years and is a popular spot among locals.

Lot 1102, 100 Belmore Street, Ryde benefits from the following key attributes:
- Attractive 10 year lease to long standing tenant 'Cedrus Lebanese Restaurant'
- Net annual income of $163,378.60 + GST
- Current passing income of $129,502.50 + GST
- Tenant pays 100% of outgoings
- Fully licensed restaurant with expansive indoor & outdoor dining areas
- Fully equipped commercial kitchen
- GFA of 560sqm* (including terrace)
- Multiple nearby council car parks & street parking
- Well serviced by public transport & arterial roads

Lot 1102, 100 Belmore Street, Ryde is to be sold via Public Auction on Tuesday 27th June, 2023 at auctionWORKS.

For more information or to access the due diligence room, please contact the appointed sales agents.

*approx