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Often sought and seldom found is this rare opportunity to acquire the freehold of a modern Indian restaurant “Masala Bay” located on the world-famous Great Ocean Road in the heart of Apollo Bay. The shop has an area of approx. 104m2 with a 14m2 courtyard for Alfresco dining and rear access.
With attractive street appeal, a prominent corner position and carefree indoor/outdoor dining all year round set directly opposite the beach. A quality fit out showcasing class and luxury with a marble bar, commercial kitchen, polished concrete flooring, separate male and female amenities and air-conditioning.
Current lease in place at $35,000 per annum (3+5+5 years) commencing 31st October 2018 with annual CPI reviews. Next market review due 1/11/21 then 5 yearly.
A temperate climate allows for the township and surrounds to be enjoyed all year round.
Set in a world-class location, where the air is fresher, and the stars are brighter – the result is a brilliant investment opportunity where the potential for growth is expected to flourish.
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