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2d Chelmsford Drive East Maitland, NSW 2323

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2d Chelmsford Drive,
East Maitland, NSW 2323

Shops & Retail • Hotel, Motel & Leisure

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Recent 10 Year Lease with Options Tightly Held Retail Precinct

Recently executed 10 year lease to 2023 with options to 2033
Business operated from site since 2002
Leased to Bakers Cottage who have a solid trading history
Modern restaurant with 24 hr drive thru
Huge signage located on main arterial road opposite Stockland Mall
On site parking adjacent to restaurant
Established tightly held complex with good tenancy mix
Affordable commercial investment opportunity
Net lease with tenant paying 100% of outgoings, as per lease
3% annual rent increases
Single tenanted easily managed investment
Net Income: $140,000 pa + GST

Auction 2pm Tues 13 May, 50 Margaret St Sydney

Kieran Bourke 0417 418 0...

Property ID: 501112511Last Updated: 11 Jul 2014

04174180...
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2d Chelmsford Drive
East Maitland, NSW 2323
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000

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