Positioned just off the busy Cobra Street highway and directly opposite popular Elston Park, 200 Fitzroy Street presents an exciting opportunity to secure an established commercial investment in a highly visible and convenient location.
Set on approximately 874m², the property is currently home to a bustling café and is secured by an existing five-year lease through to June 2028, providing an attractive opportunity for the savvy commercial investor.
Hidden behind established trees and landscaped gardens, the premises offers a relaxed and inviting setting with multiple indoor dining areas complemented by generous outdoor dining spaces.
The well-equipped premises includes a commercial kitchen, separate kitchenette and wash area, office, customer amenities and disabled access.
To the rear, the property offers an impressive private car park with approximately 10 car spaces, rear lane access and a substantial shed providing valuable additional storage.
Directly across the road, the ever-popular Elston Park attracts consistent activity to the area, while the property's proximity to Cobra Street provides excellent accessibility and exposure.
Property features include:
Approx. 874m² site
Currently leased and operating as an established café
Five-year lease in place until June 2028
Lease income approx $718 per week plus outgoings.
Multiple indoor dining areas
Generous outdoor dining areas amongst established gardens
Commercial kitchen
Separate kitchenette/wash area
Bathroom amenities
Disabled access
Large rear shed/garage and additional storage
Rear lane access
Private off-street parking for approximately 10 vehicles
Directly opposite Elston Park
Conveniently positioned near the busy Cobra Street highway
With an established commercial tenant already in place, generous landholding, excellent parking and a versatile building in a prominent location, 200 Fitzroy Street offers investors the opportunity to reap the benefits of commercial property ownership from day one. Inspections by Appointment Only.
