Superb Land Rich Restaurant and Function Venue Investment

Fitzroys is delighted to offer this modern, high quality licensed restaurant and function venue.

Key features include:

• 5 x 5 x 5 year lease to a quality tenant
• Returning $107,120 per annum plus usual outgoings and GST (as at 17/11/2019)
• Significant land parcel of 5,304sqm* on a corner allotment with excellent access and connectivity
• Three street frontages totalling 206* meters to Epping Road, Pine Park Drive and Steadman Way
• Includes 36 car parks on title
• Over $1 million has been spent on building refurbishment and fitout
• Excellent value add opportunity providing scope to develop, lease, licence or occupy other buildings or areas of the land (stpa)
• Positioned at the gateway to the highly popular and recently sold out “Eucalypt” residential estate-
• Outstanding access to education, future retail amenity, amazing recreational facilities and much more
• Surrounded by rapidly expanding residential catchment in one of Victoria’s fastest growing regions underpinned by strong prospects for future capital appreciation and rental growth
• Contained within the Epping North East structure plan
• Bordering the VPA approved Wollert precinct structure plan which will accommodate 15,000 new dwellings for 42,000 plus people
• Rare opportunity in high growth location

*Approx.

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 4TH DECEMBER AT 3PM