69 Vulture St is rare opportunity to secure a prime freehold building in bustling West End, with the ability to invest in a long term and popular local tenant (Amins Butcher & Grill), and occupy the new vacancy or value add and refurbish this highly exposed building.
Key Features:
- 250m² building on a 369m2 site with upside
- 130m2 established butcher and grill (3 locations) on a new 6,year lease with options and 7 years of trading history at the premises
- 120m2 bar tenancy now vacant, value add or occupy (offers to lease received)
- Total net income potential over $150,000
- Grease trap, cold room, exhaust, bar set up across both tenancies
- Highly exposed corner position on Vulture Street and Princhester Street
- Excellent signage and foot traffic
- Flood free
- District Centre Zoning - development potential STCA
- 2 car parks
This is your chance to own prime real estate, underpinned by a long-term tenant with the option to occupy second tenancy or increase your rental yield. Destined for capital growth, this won't last long. Enquire now to inspect.