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148 Elles Road

$725,000 plus gst (if any)

Property Facts

Ref: 26100

$725,000 Plus GST (if any)

Sales type: Commercial Building to buy

Sale/lease: For sale

Land area: 1265sqm

Built: 1910s

148 Elles Road, Georgetown

Ref: 26100

Restaurant - owners ready to move on

Consider the options with this restaurant plus adjoining owner's accommodation.

Currently operating as a restaurant spread across two levels, there's so much potential to diversify and expand. Perhaps operate upstairs and downstairs as two separate venues and cuisines? Maybe utilise one as a venue for events, or extend the opening hours to generate extra trade? A loyal clientele, exceptional fit out, high profile location and established reputation affirm this licensed restaurant's place in Southland dining.

The owner accommodation comprises two flats, one of which is currently tenanted - move in and keep the tenants and enjoy the extra income. The residential property is 155sqm sitting on 465sqm of land.

The restaurant building covers 530sqm across the two floors, sitting on 800sqm of land. Commercial properties in this area of Invercargill are rarely available.

Think outside the box and take on a business with so much growth potential. The owners have made their intention to move on clear - talk to us today.

• Restaurant with potential to seat 125 plus adjoining residential property
• Now for purchase as freehold proposition with lifestyle business in place
• Iconic Invercargill landmark
• Loyal, well-trained staff keen to stay on
• Restaurant has NBS rating in excess of 100% A Grade Building

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148 Elles Road, Georgetown

Ref: 26100

Web Reference 26100
Property Type Commercial Building to buy
Bedrooms 4
Bathrooms 2
Built 1910s
Floor area 685sqm
Land area 1265sqm
Rates $6,344.63
Property Features

Kitchen: Standard, Electric cook top

Interior Features: Paint

Flooring: Carpet, Vinyl

Windows: Wooden joinery

Hot water: Electric

General Features: Indoor/outdoor living

Exterior Construction: Weatherboard

Aspect: West

Roof: Longrun

Grounds: Landscaped, Lawn

Views: Park

Sewerage: City

Insulation: Ceiling and wall insulation in flats, Ceiling insulation in restaurant

Chattels Curtains
Light fittings
Range hood stove

hoamz accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify all information.