336 Balcombe Road,
Beaumaris, VIC 3193

Nichols Crowder is delighted to bring to market this brilliant hospitality retail investment in the tightly held Seaview Village in Beaumaris.

Seaview Village comprises around 20 shops only and attracts an extremely loyal patronage of local shoppers living nearby. According to realestate.com.au, Beaumaris now boasts an extraordinary median house price of $1,820,000* which always suggests a high disposable income that loves take away coffee and eating out.

A loyal retail strip and affluent area make a perfect combination for a hospitality investment.

Key features include:

* Leased to a top hospitality operator 'Gatekeeper Cafe'
* Net rental of $47,740 p.a.
* Lease expiry 28th April 2024
* Tenant has two (2) further options of five (5) years
* Fixed annual increases of 3% - great rental growth
* Fully fitted cafe space
* Polished concrete floors
* Heating/cooling
* North facing courtyard
* Rear access

For further details or to arrange an inspection please contact:

James Glen 0401 493 2...

PLEASE NOTE:

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.