Bright
Approx 323 Square metres |
Better Business Brokers proudly presents this exceptional commercial investment property in the heart of Bright's thriving hospitality precinct for sale.
PRIME POSITION
Positioned on Gavan Street (The Great Alpine Road), this property offers a strategic location in one of Victoria's most popular tourist destinations, directly opposite Bright Brewery and Centenary Park with its popular children's playground, splash park and the picturesque Ovens River.
INVESTMENT HIGHLIGHTS
• Current lease term until September 2025 with 2 further 3-year options
• Annual CPI review provisions
• Purpose-built hospitality venue
PROPERTY DETAILS
• Land area: 323 sqm
• Total lettable area: 149 sqm
• Purpose-built restaurant facility constructed in 1997
• Prominent main road street frontage
MULTIPLE OPPORTUNITIES
This versatile property offers several investment strategies:
• Capital Growth Potential: Prime location in tightly-held commercial precinct with limited supply
• Owner-Operator: The current business, Sole e Luna Italian Restaurant, is also available for purchase at $99,000
• Development Potential: A new build next door demonstrates a successful 3-level mixed-use development incorporating retail and accommodation
BRIGHT'S TOURISM MARKET
Bright continues to solidify its position as Alpine Victoria's premier food and wine destination with year-round tourism and strong visitor numbers across all seasons.
Contact Jenny Chellew at Better Business Brokers for further information and a detailed Information Memorandum.