Lease just renewed for 3 years with rights of renewal through until 2037.
Returning $55,000 + GST and (most) outgoings p/a
Popular tavern in a local area with no competition on a 1313m2 site.
Possibility of residential development or motel units at rear of building (subject to council approval).
Zoned residential 9A
Asking $650,000 + GST (if any)