The premises has been leased for many years to an Indian restaurant, namely “Khatti’s Curry Lounge”.
A new lease commenced 01/12/2018 and runs to 01/12/2023 with a 5 year option in place.
The present rent is $23,024PA + GST (i.e. 7.8% yield) with CPI adjustments yearly.
The tenant also pays the outgoings.
There is a very large carpark at the rear associated with Legends.
245 York Street, SALE
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Description
PRINCES HIGHWAY INVESTMENT
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Key Details
property ID 1873643
build
size 169m2
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