1st Floor 792-806 Heatherton Rd, Springvale South, VIC 3172
Hospitality and Food
A Premium Investment
Your opportunity to buy a large piece of retail space in the very busy Springvale Plaza Shopping centre. Previously leased by "The Premium Springvale" this popular reception centre continues under new management assuring a good return on investment and a good income stream.
The property boasts a grand foyer, with spiral staircase and elevator, a large floor area that accommodates a seating area for meals, a band stand with dedicated dance floor, a bar and a professional kitchen to supply event patrons.
The venue hosts many and varied events form weddings and birthdays to local community groups social events, many of which are featured on the dedicated face book page. https://www.facebook.com/thepremiumspringvale/
Returning $9166 per month (including GST) plus Outgoings this property would be a great addition to any one's investment portfolio.
Fifteen-year lease commenced in 2015 with a further fifteen-year term available with annual market reviews with increases based on CPI.
To find out more contact Theresa Huynh on 0450 551 959
| Business Type: | Hospitality and Food |
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Recent Sales in the Suburb of Springvale South
Every precaution has been taken to establish accuracy of the information but does not constitute any representation by the vendor or real estate agent. You should make your own enquiries as to its accuracy.