Real Estate Australia

THRIVING HIGH CASHFLOW BUSINESS
$895,000

Property Location: Gympie - 0 - QLD

Listing Id: 9824113  

Description: One of the strongest investment opportunities to hit the market in a long time has now presented itself. Listed for sale is this longstanding takeaway premises that has been home to lucrative Fish and Chip businesses for more than 60 years. Originally Harry's Fish Shop, and a butcher previous to that, it is currently the home to Gympie Fish & Chips. Stationed right next door to a well patronised Hotel, this is the perfect location for it's current line of duty. And the returns say just that. The property has had extensive refitting carried out in the last few years, with the majority of the shop rewired to cater for the latest equipment. The rear shed can be utilised to support the business, or rented separately for additional income. On current values the property is returning in excess of 7%, with a new 3 year lease, with 3 year option, in the process of signing. All outgoings, excepting building insurance, are paid by the tenant. The property is in prime location on a main thoroughfare from the City Centre, with ample off street parking. A must look for the savvy investor.

THRIVING HIGH CASHFLOW BUSINESS
$895,000

Contact Tom Grady Real Estate Today!!!

Contact Warren Smith
Phone 0403 037 211

Property ID:9824113