1/121 Elder Street, Lambton, NSW 2299

Retail

Sold $1,000,000

  • Property ID: 423882
  • Floor Area: 120m²
  • Land Area: 150m²
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 120m2 150m2 N/A
Pre Christmas Sale – Café | Deli | Espresso Bar

This is a fully equipped business/premise that is a walk-in, walk-out opportunity to buy a complete going concern including the real estate.

Situated in the thriving suburban village of Lambton the owner is looking forward to a lifestyle change after (33) years in hospitality. He will continue to operate the cafe right through to settlement.

The property and the business have enormous potential. To be auctioned by Openn Negotiation on 15th December the owner is looking for an urgent sale before Christmas.

The equipment and fit-out were professionally designed by a leading food industry company to ensure a very efficient workflow to the cooking serving and seating. The large folding windows provide an elevated connection to the street and plenty of natural light. The equipment has only partially been depreciated and will provide continuing tax benefits.

Not only is there the main kitchen servery and seating area but there is a secondary kitchen in the side-street that was approved and equipped during Covid to allow fast street front service. It's the best equipped hole-in-the wall coffee station you'll ever want for.

Also included are :

* (2) secure car spaces
* Storage cage
* Separate bin room
* Disabled amenities and disabled access
* Grease trap
* Cool and freezer rooms
* Cafe style gear and equipment

For sale by Openn Negotiation (flexible conditions online auction). The Openn Negotiation is under way and the property can sell at any time. Contact Steve Dick on 0400 000 947 immediately to become qualified and avoid disappointment. Open to all buyers, subject to seller approval.

Lambton Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $286 ---
Retail $3377 --- ---
Industrial --- $149 ---
This is the average advertised price, rent and yield for Lambton, NSW 2299*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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