Amazing location and views overlooking Able point Marina The current tenant has created a great destination business. Passing traffic is increasing due to new development in the marina and surrounds securing a sound future for the property.
5 year lease in place to October 2022 plus 5 year option
Guaranteed annual rent rises increasing to $70,000 net by year 2022
Current Net Income: $31,987 pa + GST
Massive Price Reduction - Must Be Sold - Only $595,000