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

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