ERSKINEVILLE
Shop 2/65 Erskineville Road
Ideal Tenanted Investment on Prime Retail Strip
Due to strict COVID-19 lockdowns one-on-one private inspections by appointment to view this property must be undertaken. If you are interested to view this property, contact the below mentioned agent who will arrange a private viewing throughout the week. Contacting the agent prior is a must otherwise you will not be able to inspect the property. Coupled with appropriate safeguards as recommended by health authorities social distancing, face mask and gloves are to be worn. We thank you for your cooperation during this hard time.
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Set within the former Erskineville Post Office building, this ground floor retail space has been a local favourite for many years. Enjoying great exposure to both Erskineville Road and Morrisey Road, this well-appointed commercial premises offers a premium opportunity for those looking for a ready made investment with generous returns.
Features include:
- 58sqm (approx.) internal floor space plus 8sqm storage room to the rear.
- Currently operating as a successful cafe with liquor license.
- Lease term 3+3 commenced 1st June 2019.
- $53,215 net return with 3% annual increases.
- $60,000 gross income.
- Excellent street exposure with outdoor seating and grease trap.
- Separate kitchen and serving area plus shared bathroom facilities.
- 1 car space (untitled).
- Bus stop on door step with Train Station moments away.
