Karaoke Restaurant For Sale In Sydney Cbd

This karaoke restaurant is in the heart of Sydney, beautifully decorated, and currently serves Taiwanese cuisine, known for its excellent taste and service. It has a high Google rating and enjoys a great reputation. The karaoke setup is about to be completed and will soon be ready for use.

The venue is 653 ㎡ with a lease term from December 19, 2022, to December 18, 2027, for a duration of 5 years. The annual rent is $260,000. Annual review rate 4% each year. A bank guarantee of $153,621.11 is required.

This restaurant, with its prime location and luxurious decor, is an excellent choice for friends' gatherings, entertainment, and events.

Now available for sale due to a shareholder dispute.

Asking Price: $80,000

Property Code: 90