This 1920’s Art Deco inspired building is now on the market.
The site has an impressive restaurant tenant on the ground floor, with a new 3 x 3 lease of $60,000 per annum plus OPEX.
There is an apartment on the first floor that currently has a passing income of approx. $30,000.
The seismic rating is C.
This is an excellent location in the vibrant West end of the city, surrounded by other strong hospitality performers in Peggy Gordons, Three Sisters, and Cafe Turquoise.
The site has huge potential for growth and is well positioned to have multi income streams.
For further information and an appointment to view call today.