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Belroy Property - Parramatta

Lot 1102, 100 Belmore Street Ryde, NSW 2112

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Lot 1102, 100 Belmore Street,
Ryde, NSW 2112

Shops & Retail • Hotel, Motel & Leisure • Other

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Belroy Property - Parramatta
Peter Karam

Belroy Property - Parramatta

Level 3, 85 George Street
PARRAMATTA, NSW 2150
Belroy Property - Parramatta
Lot 1102, 100 Belmore Street
Ryde, NSW 2112

Map of Lot 1102, 100 Belmore Street

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SECURE RESTAURANT INVESTMENT

  • Fully licensed restaurant investment
  • 10 year lease to long standing tenant
  • Expansive GFA of 560sqm*
CBRE & Belroy Property are pleased to present Lot 1102, 100 Belmore Street, Ryde to the market. The asset represents an secure restaurant investment opportunity in the esteemed locale of Ryde. The property boasts an attractive recently renewed 10 year lease to established and long standing tenant ‘Cedrus Lebanese Restaurant’ which has been operating for 10 years and is a popular spot among locals.

Lot 1102, 100 Belmore Street, Ryde benefits from the following key attributes:
- Attractive 10 year lease to long standing tenant 'Cedrus Lebanese Restaurant'
- Net annual income of $163,378.60 + GST
- Current passing income of $129,502.50 + GST
- Tenant pays 100% of outgoings
- Fully licensed restaurant with expansive indoor & outdoor dining areas
- Fully equipped commercial kitchen
- GFA of 560sqm* (including terrace)
- Multiple nearby council car parks & street parking
- Well serviced by public transport & arterial roads

Lot 1102, 100 Belmore Street, Ryde is to be sold via Public Auction on Tuesday 27th June, 2023 at auctionWORKS.

For more information or to access the due diligence room, please contact the appointed sales agents.

*approx

Property ID: 504329632Last Updated: 21 Aug 2023

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