*** AUCTION: FRIDAY 26TH NOVEMBER AT 12PM ONSITE ***
Gross Waddell ICR is pleased to present an iconic corner investment with multiple income streams.
Surrounded by some of Melbourne’s best food and beverage venues such as 400 Gradi, The B. East, Thaila Thai, Rumi and the recently refurbished Teller restaurant this is certainty and investment worth exploring.
• Ground floor retail tenanted by Sani Melbourne
• Separate 1st floor office area comprising 4 rooms
• Existing income stream from ground floor cafe/restaurant and first floor office
• Rental income: $152,699*p.a. net with fixed 3% annual increase
• 3 + 3 + 3 Years
• Commencement Date: 1st October 2019
• 6 basement car spaces
• Dual frontage to Lygon Street and Barkly Street of 37* metres
• Flexible Commercial 1 Zoning
• Direct tram linkage to Melbourne CBD