On the sunny side of Devon Street in a very popular portion of the hill retail precinct, surrounded by long standing eateries, cafes, and retail outlets, this 245m2 site with 250m2 of lettable space is now available.
Offered as vacant possession this option awaits a new owner with plans to develop this site into an excellent retail space.
In a past life, this was the site of the India Today restaurant but is in the process of being reconfigured to Mike Brewery and Eatery who have entered into a very solid new 6 year lease.
The site is presently a category D seismic rated building but the plans have already been prepared for a strengthening program which is being commissioned.
This site offers a very cool frontage with concertina doors and a rear entrance to the parking area.
There is the potential for $50k per annum as the rent, plus operating expenses.
For further information and an appointment to view call today.
Price by negotiation.
– Devon Hill location.
– 245 m2 site.
– $50k potential income.