Located in this bustling light industrial area of Chatswood / Roseville, this set-and-forget caf investment ticks all the boxes. Exposed to all the vehicular traffic through 28 Barcoo Street, this is the “locals favourite” and “go-to” of the area.
Servicing a large number of businesses within the immediate proximity, the property is exceptionally well presented with a welcoming 50sqm exclusive outdoor seating area, light and bright entrance and dining setting. The custom fit-out service area is exceptionally well kept and tidy, with the back of house operations including prep area, cool room, kitchen, exhaust and grease trap facilities cleverly tucked away.
Term: 5 years + 2year option
Term remaining: 1 year 9 months + 2year option
Increases: 4% annually
Security: 3 months bank guarantee
Income: $52,337.80 p.a. + GST
Outgoings: $6,684.88 p.a. + GST (only $1,308.40 payable by the lessor)
Net income: $51,029.40 p.a. + GST
This set and forget style caf investment is well suited to the first-time or even seasoned investor, a quality addition to any new or existing portfolio.