Description

* Positioned on busy Lakedge Avenue, Berkeley Vale.

* Well constructed ground floor retail premises and first floor residential flat or office.

* Ground floor 146m² approx and fitted out as a Cafe/Takeway with rear roller door access.

* Ground floor is currently leased to a Cafe/Takeaway on a 3 year lease with 3 year option commencing 23 November 2015 with $1,750.12 + Outgoings + GST paid monthly in advance by the Tenant.

* Rent is increased annually by CPI + 1%.

* There is also a first floor residential flat now vacant in great condition, freshly painted and carpeted throughout with an external balcony and single lock-up garage.

* Lease out the flat to boost your return, or convert it to first floor office space for your own business (Subject to Council Approval).

* Quality businesses and services surround the property including Coastwide Therapy Services, Property Central, Berkeley Vale Hair Design, The Lakes Family Dental, Berkeley Vale Laundrette and a professional Accountant/Tax Agent Tony Smith & Associates to name a few.

* This property offers fantastic exposure and signage opportunities to Lakedge Avenue, Berkeley Vale, customer parking directly at your door and close proximity to Tuggerah Lakes.

* Great opportunity to invest in and or occupy a quality mixed use freehold property in this tightly held position.

* Able to inspect now $700,000 no GST applicable.