8/216-234 River Street BALLINA NSW 2478
$745,000

DESCRIPTION

Strata title investment with the tenant being the modern chic Hardwood Cafe and Bar. Perfectly positioned adjoining the recently upgraded Captain Cook Park, next door to the Ballina RSL Club. Stylish tenant fitout support's the business's popularity. Future development potential and fronting riverfront park underpins the land value of this complex.

A new coolroom, solar and grease trap are valuable inclusions in the sale.

Rent: $44,200 + GST pa
Tenant pays Council Rates and Charges and Body Corp
Size: 138m2

The sellers have also secured a lease of 52m2 adjoining the building for outdoor dining which is separate to this sale but allows for greater patronage for the Cafe and Bar. Tenant pays rent for this separately.

Here's your chance to purchase a fantastic investment in busy River Street.