INVESTMENT WITH FUTURE UPSIDE
Perfectly located in cosmopolitan Union Road shopping village. The property is located approx. 5km from the Melbourne CBD with the 57 tram at your door en route to city. Close to Ascot Vale train station, Royal Melbourne Showgrounds and Flemington racecourse. The potential to further renovate, extend or redevelop (STCA).
- Currently leased to a fully licensed bar at a rental of $28,981 per annum plus outgoings
- Lease Term: Expiring July 2023
- Commencement: 22 July 2018
Property Summary:
- Land area: 186m²*
- Total building area: 120m²*
- Rear ROW access
- On-site parking for 2 vehicles
- Commercial 1 Zone
*Approx.
COVID-19 RESTRICTIONS
Updated COVID-19 restrictions announced by The Victorian State Government now allows for Open for Inspections, however they will be restricted to 20 people.
The REIV recommends that all individuals attending an open should download the COVIDSafe App, provide contact details to the agent and follow social distancing measures as required.
DURING THE INSPECTION, PLEASE ENSURE YOU FOLLOW SOCIAL DISTANCING RULES AND REFRAIN FROM TOUCHING ANY SURFACES.
(ask the on-site agent to demonstrate the functionality of any devices if required).
PLEASE DO NOT ATTEND AN INSPECTION IF:
- you have returned from overseas in the past two weeks
- been exposed to someone diagnosed with Covid-19
- you are unwell or have a fever
- you have come into contact with someone experiencing flu-like symptoms.
Alexkarbon Real Estate
122 Errol Street, North Melbourne VIC 3051
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