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- Situated at Port Noarlunga
- 40 minutes from the city
- 15 apartments over 2 storeys with spectacular ocean views
- Luxurious 4 bedroom residence
- Café / restaurant opens 4½ days
- Great profits steadily growing with repeat business
- Good lease & nothing to spend.
Goodwill including Plant & Equipment | $400,000 |
Stock at valuation (approx) | $10,000 |
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$410,000 |
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Seven casual staff and two vendors.
Current Rent | $8,714.08 per month (GST incl.) |
Lease Term | 5 years |
Lease Commencement | 7th May 2013 |
Right of Renewal | 3 x 5 years |
Outgoings | Paid by tenant |
Adjustments | CPI annually & to market at end of term |
Bank Guarantee | 1 month's rent + GST |
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