Gunning Real Estate is pleased to present this restaurant property for sale.
Current Lease:
Leased to a restaurant tenant
Lease expires March 2027 (no further option for Tenant)
Current rent $36400 pa + GST
Tenant paying for all strata, council, water bills
4% rent increase in March 2026
3 months bond + Personal guarantee from Tenant
Layout: Outdoor dining area, full glass shopfront, indoor dining area, and counter with coffee machine and display bar at the front. Kitchen, own internal toilet, and door leading to loading area at the back.
Parking: 2 allocated car spaces on title in the basement car park. Easy street parking on both sides of Forest Road at the front. Large Council car park just 1 minute walk from the property. Plenty of visitor parking in the building.
Amenities: Both car spaces are in fully enclosed lock up garages so can also be used for storage. Own internal toilet in the property. Loading area right at the back of the property. Access to swimming pool, tennis court, gym and BBQ area.
Location: Minutes' walk from Hurstville train station, bus interchange, and Westfield. Surrounded by 3000+ apartments, next to Centrelink and Medicare, close to Hurstville Private Hospital and numerous office buildings.
KEY FEATURES:
- Internal area: 73sqm
- 2 basement car spaces (can also be used for storage)
- High ceiling
- Air-conditioned
- Signage and menu board facing main road
- Exhaust in place
- All equipment and furniture included
- Outdoor dining
- Easy loading via back door
- Own internal toilet
- Close to public transport and surrounded by offices and apartments
For further information or to inspect the property, please contact:
William Wu
M: 0450 250 123
Wechat: will1014u
E: williamw@gunningre.com.au