|
Gorman Commercial is delighted to offer for sale this exceptional hospitality investment located in one of Melbourne’s most tightly held lifestyle pockets – 22 Beatty Avenue, Armadale. With a secure lease in place and based on comparable neighboring rental there will be substantial up lift in the rental come market review The property is offered to you for sale, by way of public auction, on Thursday 13 November 2025, 12pm onsite. Key Investment Highlights: + Secure long-term lease returning $48,000 net per annum + GST + Outgoings + Experienced hospitality operator. + Six (6) year and seven (7) month lease term expiring November 2029 + Two further options of 5 years. + Fixed annual rental increases of 3% + Well-presented 96 sqm building area*, fully fitted as a licensed restaurant with commercial kitchen and alfresco dining + With a 6.
|