PRD Ballarat Level 1, 51 Lydiard Street South Ballarat, VIC, 3350 03 5331 1111
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202 Humffray Street South
bakery hill
VIC, 3350

$750,000

Property: 110 sqm

Buzzing Cafe in Popular Location

Located in a bustling commercial area, this property offers a prime opportunity for any astute investor looking to buy in a premier Ballarat precinct.

Currently running as a bustling café 'Clothesline Café' up for sale is the freehold only.

The lease in place is a 3x3x3 year lease, returning Year 1 $31,200pa, Year 2 $36,400pa, Year 3 increased with CPI plus outgoings

- Located in an amazing location centrally set with a very loyal customer base
- The property has been fully renovated into a full operational café with three rooms, outdoor seating areas, kitchen and accessible toilets

The property sits on approx. 300m2 corner allotment and has approx 110m2 of floor area.

The property is conveniently situated near major roads and public transportation, making it easily accessible for both customers and employees.

There are several on street carparks positioned to the front of the property, making ease of access for customers a breeze.

Don't miss out on this fantastic opportunity to own a commercial property in a high-traffic area.

Contact us today to schedule a viewing and make this opportunity yours.

Ballarat's Best-Selling Team

Agents

Nearby Schools

About bakery hill

median house price

505000

median house rent

450

suburb rental yield

4.6%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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