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Other Details

Bedrooms x 1 Bathrooms 1

Open For Inspection Times

None scheduled at this time.

Past Sales & Property Information

Suburb Info:	Merimbula
Postcode Info:	2548

Merimbula Profile

Average age:	50 years
Houses:	63.6%
Townhouses:	11.9%
Flats & units:	21.9%
Other:	2.6%
Population:	3,206

CAPTAIN JOHN'S SEAFOOD RESTAURANT

It's rare that such an opportunity presents itself within Merimbula's popular restaurant scene. Captain John's is an icon that has been established for nearly 30 years. This award winning restaurant has received numerous accolades for its seafood dishes including the Best Seafood Restaurant on the South Coast - 2007. Now the owners wish to relocate interstate and reluctantly offer the business for genuine sale. The business is situated in an ideal and highly visible location in the central CBD and has an alfresco eating area popular with the takeaway clients. All equipment is in good condition and the business is showing excellent returns. Sale price includes furniture, fittings and equipment plus S.A.V. Seize the opportunity before it's too late. Enquire now for details.

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Ray White Merimbula

P: 02 6495 3200
F: 02 6495 3633
E: sales@raywhitemerimbula.com.au

4 Merimbula Drive Merimbula NSW 2548
www.raywhite.com/nsw/merimbula

Plancard Pty Ltd. License 323 326
Licensed Agent
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Harry Balodis View profile

0412 855 918 or 02 6495 3200

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What do I need to purchase this property?

Initial Requirements (assuming sale price of $175,000)

Stamp duty	$4,615
Legal fees¹	$1,500
Loan application fees²	$655
Minimum deposit (10%)²	$17,500
	Total initial payment: $24,270

Monthly Repayments (assuming deposit of $17,500 and sale price of $175,000)²

Loan repayments on $157,500 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment: $1,043 per month

Notes

The calculation given above is an example estimate only and may not correspond with what is commercially available.

Listing Age and Views

This listing was first displayed on 17/10/11, last updated on 5/3/12, and has been viewed 293 times. Please note the counter is not updated immediately.

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