PRIME ‘MONTY VILLAGE’ INVESTMENT – LEASED TO ESTABLISHED OPERATOR
10 & 12 Were Street
Montmorency
199m2
Retail
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.
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