PRIME ‘MONTY VILLAGE’ INVESTMENT – LEASED TO ESTABLISHED OPERATOR

10 & 12 Were Street
Montmorency

Gross Waddell ICR is pleased to offer 10 & 12 Were Street, Montmorency for sale. This is a rare opportunity to secure a prime Montmorency investment with an established tenant in a thriving retail precinct.

The offering of two adjoining titles as a single investment provides substantial future upside, making it ideal for investors seeking long-term growth.

Key sales features include:

• Current Income: $75,562* p.a.

• 3% fixed annual increases, market review at option

• Leased to established operator - The Grape & Hop Wine Bar

• Double fronted landholding of 200sqm* of Commercial 1 zoned land

• Excellent exposure to Were Street plus rear right of way

• Two titles sold as one, presenting exceptional future reversionary potential

• Positioned within the tightly held “Monty Village” and surrounded by popular cafes, specialty stores and high foot traffic

• Moments from Montmorency Primary School, Foodworks and Montmorency Train Station

For further information or to organise an inspection, please contact Gross Waddell ICR directly.

*approx.

Andrew Greenway

Director - Sales - Partner

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Alex Ham

Director - Sales - Partner

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Price

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