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Listing ID: 4108289



Hayden Bennett

m: 0477 665 455

p: 02 8316 0218


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Damen Astey

m: 0431 817 616

p: 02 8316 0201


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For Sale


Prime Corner Position - Restaurant Investment


Address:
440-442 Railway Parade ALLAWAH
Description:
Positioned directly opposite Allawah Train Station is this iconic building, home to the popular eatery, ‘Little Italy’. The property provides a land area of 427m²* with B2 – Local Centre zoning along with rear lane access and off-street parking. The building spans over two levels being 380m²* and is moments to Kogarah CBD along with easy access directly to Princes Highway.

Features;

• Occupied by the long-standing restaurant - 'Little Italy'
• Rental of $100,000.00 pa Net + GST
• Long Term Lease
• Grease trap
• Ventilation
• Kitchens x 2
• Pizza Oven
• Rear parking and access
• Bathroom amenities
• Huge exposure to passing trade
• Redevelopment potential (S.T.C.A.)
• Floor Space Ratio of 2.5:1
• Building Height limit of 21m

Contact our agents below for further discussions or to obtain an Information Memorandum today.

*approximate
Usage:
Commercial
Land Size:
427 m2 approx
Retail Size:
380 m2 approx
Property Size:
380 m2 approx
Sale Price:
$2,550,000.00
Outgoings:
$18,541.90 pa approx  
Parking:
4-5 car spaces  
Occupancy:
Tenanted Investment  
Zoning:
B2 - Local Centre  
Council:
Georges River Council  
Availability:
Now
GST:
Unless otherwise stated, all prices quoted are exclusive of GST.