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Overview
OPPORTUNITY TO OWN
This property presents a remarkable opportunity to acquire a well-established restaurant situated in a central location within Gorokan, New South Wales. The restaurant benefits from minimal direct competition in the area, making it a standout investment for prospective buyers.
The building itself spans a generous 120 square meters and has recently undergone external renovations, resulting in a fresh and appealing facade that enhances its street presence. This refurbishment contributes to the property's inviting atmosphere and modern aesthetic.
Convenience is a key feature of this location, with street parking available directly at the front door, facilitating easy access for customers. Additionally, there is a council-operated car park located at the rear of the property, providing ample parking options for both patrons and staff, which supports operational efficiency and customer satisfaction.
From an investment perspective, the property currently generates a lease income of approximately $45,000 per annum. Furthermore, there is an additional revenue stream derived from telecommunications infrastructure on-site, specifically Telstra and Optus towers, which adds to the overall income potential of the asset.
The property is zoned E1 Local Centre, which supports a range of commercial uses and offers potential for future growth and development. This zoning classification enhances the versatility and long-term value of the investment.
The existing lease for the Chinese restaurant has had its term option exercised, extending the lease from 2026 through to 2029. This provides a secure income stream for the foreseeable future and reduces vacancy risk.
Overall, this property represents an exceptional investment opportunity with strong income generation, strategic location, and potential for further success. It is well-suited for investors seeking a commercial asset with established tenancy and additional income sources.
Prospective buyers are encouraged to conduct their own enquiries to verify all details, as the information provided is gathered from sources deemed reliable but not guaranteed. The images associated with the listing are indicative of the property and serve to provide a visual representation of its condition and features.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Gorokan NSW 2263
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 120 m² |
Market Insights for Gorokan NSW 2263
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