Rare opportunity to purchase a Foreshore Drive asset with a tidy lease in place, returning a solid rental yield.

Thriving business 'Beached Barrel' have recently re-committed to a long term lease, in the prestigious Foreshore Precinct. Located just metres from the beach, CBD shopping mall, playgrounds, and other F&B outlets. There is ample City parking directly adjacent, and weekdays and weekends alike are consistently busy with both vehicle and pedestrian traffic.

Masonry and tile construction makes for a hardwearing property, which in the future could also potentially be suitable for retail or office purposes. Given the takeaway nature of the current tenant, it could be considered this business may adjust better to future hospitality restrictions than dine-in businesses.

The property is offered freehold; the business is not included in the sale. This is an excellent opportunity to add a solid ROI to your investment portfolio in a blue chip location.

Qualified buyers may view the lease agreement by contacting exclusive listing agents Phil Sorgiovanni (0419 568 2...) or Matt Poynton (0437 770 3...)