This commercial freehold is situated on the fringe of the CBD opposite GOTAFE and La Trobe University, providing excellent exposure for the existing tenants business 'Kwik Bite' café and catering serving eat in and take away food. The freehold comprises shop front/café with a two bedroom flat at the rear. The well established business enjoys plentiful foot traffic from nearby business and street parking is available for passing trade. The flat, (which can be let separately to the shop front if required), has open plan living/kitchen area, two bedrooms, bathroom, carpark and yard area. Same ownership for over 30 years. Being sold to finalise the estate. Contract of Sale, Section 32 Statement and Lease Agreements available on request.
Zoning - Activity Centre Zone Land Area 454m2
Leased Shop - Current Lease expires January 2027 Flat - Current lease expires January 2025
Rent Shop - $840 per calendar month (CPI increases annually) Flat - $220 per week Total $21,520 per annum
Auction Friday 8th March @ 11am onsite
Inspections
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Contact Terry Shiels to learn more about this property, request an inspection or take an online tour.
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Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
12 Mar 2024
Sold
Kevin Hicks Real Estate
Listed: 13/02/2024
Block size: 454m²
Transfer type: Full transfer
Shepparton suburb information
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Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.