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. Currently leased by "The Premium Springvale" a popular reception centre you will be acquiring an investment that provides a good return. 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 has hosted 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/
Return of $9166 per month (including GST) this property would be a great addition to any one's investment portfolio.
Four-year lease commenced in 2015 with a further 3 x four-year terms available with scheduled market reviews at the commencement of each term and CPI increases applied annually.
To find out more contact Theresa Huynh on 0450 551 959
| Business Type: | Hospitality and Food |
Open for Inspection Times:
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.