Local Favorite Restaurant Promises Hearty Yield and Future Growth

The Details

Location: Adelaide , SA

Type: Commercial

Purchase Price: $800,000

Net Rent: $49,173

Net Yield: 6.15%

Cashflow: $13,805 (70% loan at 6.5%)

Lease: 5 year lease with one 5 year renewal option

Total area: 200sqm

Why we love this property

Close to the Adelaide CBD and airport

Ample on-site car park

Great signage exposure for current and future businesses

Strong customer reviews of restaurant operation