TOMAGO
33 Old Punt Road
1595sqm
195sqm

sold

Investment - 8 Year Lease
Public Auction: 13th November 2014
Building Area: 195m2
This busy modern industrial cafe is situated on the main rounda-bout on Tomago Road. This position places it just off the Pacific Highway and on the main road to Newcastle Airport and Port Stephens. The cafe services the Tomago industrial area with high quality breakfast and lunch time meals along with corporate catering and a place where meetings can be held away from the office. Comprising:
196m2 Stand-alone building on a 1,596m2 lot
Extensive kitchen equipment inventory
(16) On-site car parks
Fully landscaped grounds
Seating for (80) people
Lease expiring: (January 2023)
Plus (10) year option
Net Rent: $67,452pa
Rarely do quality investments become available with over (8) years still remaining on the lease with another (10) year option. The Old Punt Road Cafe (OPR) also includes a well designed quality fit-out that ensures whoever operates the business can produce the meals efficiently and quickly. Ideal for the breakfast and lunchtime trade. Bidding is expected from around the mid $600,000's.
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