FABULOUS FREEHOLD WITH ENORMOUS UPSIDE
SOLD
- Thriving Inner City Location
- Rent: $184,000 PA net plus GST
- Future Value Add/Development Opportunity
- Situated close to the iconic intersection of Smith and Gertrude Street at the gateway of Melbourne’s most sought after lifestyle and hospitality precinct.
- Substantial land area of 434sqm* with impressive frontage and rear access of 10.95m*
- Highly flexible commercial building only 1 km to the CBD.
- Leased to established Tenants including Mr Wows Emporium and Pixel Alley.
- Combined Rental: $184,000 per annum net plus GST with scope for further rental growth.
- Zoned: Commercial 1 providing an excellent opportunity to value add/develop site upon expiration of leases – Circa Jan 2023.
- Exceptional transport amenities available with the 86 Tram stop opposite.
- Unrivalled location surrounded by Melbourne’s best food and hospitality venues supported by a rapidly developing apartment and commercial office population
- Close proximity to high performing Coles Supermarket and other national tenants including, Huxtaburger, Kathmandu, Bonds,Chemist Warehouse, major banks and more
Remember to mention you found this property on DevelopmentReady.com.au
Commercial
