Where the City Dines and Admires: A Local Favourite with Dual Exposure in Adelaide CBD

The Details

Location: Adelaide, SA

Type: Commercial

Purchase Price: $850,000

Net Rent: $53,045

Net Yield: 6.24%

Cashflow: $12,248 (70% loan at 6.5% interest rate)

Lease: 5 year lease with a one x 3-year renewal option

Total area: 207sqm

Close to the Adelaide CBD and airport

Ample on-site parking

Great signage exposure for current and future businesses

Strong customer reviews of restaurant operation