Two Restaurants adjoining each other for Sale by Auction
In popular Wigram Street.
Buy one or both Restaurants and merge them together (STCA) or the two properties can be used for multiple of other uses.
69 Wigram Street - 448.9 Sq Meters Land - Neelam - Built 2008
Best Looking Restaurant in the Street
5 Year lease expiring in December 2020 - no options
Rent $117,125 (Incl. GST and Outgoings)
Owner pays - Council Rates $1,837 Per Qtr. & Annual Insurance $2,342
Commercial Kitchen with commercial range hood and large cool room and Liquor licence. Seating for over 100 guests with permission for outdoor seating. Separate Male, Female & Disabled toilets and owners office. Marble flooring and traveteen in toilets, central air condition and back to base alarms. Purchaser can enjoy great return or can negotiate purchasing business from tenant or wait for the lease to expire.
67 Wigram Street - 411 Sq Meters Land - Haveli - Built 2010
Operated by very well known Chef
5 Year lease expiring in June 2020 - no options
Rent $117,122 (Incl GST and Outgoings)
Owner Pays - Council Rates $1,621 Per Qtr. & Annual Insurance $2,641
Commercial Kitchen with commercial range hood and large cool room and Liquor licence. Seating for over 100 guests with permission for outdoor seating. Separate Male, Female & Disabled toilets. Central air condition and back to base alarms. Purchaser can enjoy great return or can negotiate purchasing business from tenant or wait for the lease to expire.
Download Section 149 Certificate from Documents link on this page or visit website www.edacrealty.com.au to download contracts / more photos / 3D Tour / Council Rates / Insurance
Properties can be purchased before auction date, contact agent on how to put offers before auction date.
Agent Declares Interest
The size of Harris Park is approximately 0.7 square kilometres. It has 4 parks covering nearly 2.4% of total area. The population of Harris Park in 2016 was 5799 people. By 2021 the population was 5043 showing a population decline of 13.0% in the area during that time. The predominant age group in Harris Park is 20-29 years. Households in Harris Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Harris Park work in a professional occupation.In 2021, 25.20% of the homes in Harris Park were owner-occupied compared with 23.90% in 2016.
Harris Park has 3,099 properties. Over the last 5 years, Houses in Harris Park have seen a 66.16% increase in median value, while Units have seen a 13.89% increase. As at 31 January 2026:
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