1725 Pittwater Road, Mona Vale

1725 Pittwater Road, Mona Vale

  • HOUSE
  • 0 bedrooms
  • 0 bathrooms

AN ICONIC STAND-ALONE BUILDING

LANDMARK INVESTMENT (The Rocklily)
Landmark building offered for the first time in over 30 years for sale was totally rebuilt in 1998 and then refurbished in 2004. The restaurant comes as the total package and equipped with everything brand new. An ambient atmosphere from entry and throughout with all the inclusions you could expect from such a top quality establishment including:
A drink authority licence (alcohol permit NSW licence).
170 seats in the main restaurant area and 30+ people in the bar area.
A full cocktail bar covered outdoor courtyard with water feature.
A terrace dining, intimate bay window dining.
A modern commercial kitchen, large wood fire pizza oven holding up to 35 pizzas and manicured garden landscape entrance.

The current tenancy had re-signed on June 2018 with a Five (5) + Five (5) year lease
The current rental is $193,083.84 +GST
TOTAL Area & Size approx. -345.5 sqm
Restaurant with Kitchen - 249.3 sqm
Front Terrace - 18.7 sqm
Covered Courtyard - 53.5 sqm
Amenities - 24 sqm

Sale Price $3,800,000
Net Yield 4.6%

For more information :
Contact Peter Li 0402 917 490

Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy. However, we cannot guarantee it. All interested parties should make & rely upon their own enquiries.

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$3,078

Estimated monthly repayments based on advertised price of $3800000.

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