Retail

166 Gertrude Street, Fitzroy, VIC, 3065

  • Overview
  • Details
  • Agent
  • Map

Overview

  • For Sale
    Contact Agent
  • Floor Area
    145 m2 (*approx)
  • Type
    Retail, Cafe/Restaurant
  • Tenanted Investment
    5-year net lease to highly rated hospitality operator

Property Details

FORTHCOMING CITY FRINGE INVESTMENT (IF NOT SOLD PRIOR) - REGISTER YOUR INTEREST / VIRTUALLY INSPECT / SET UP VIDEO MEETING
  • 5-Year Net Lease (Tenant Pays Outgoings)
  • Fixed 4% Annual Rental Increases
  • Prime 111sqm* premises with on-title car park

CBRE Melbourne Strip Retail Investments acting on behalf of Melbourne developer Kalex.

+ 5-year net lease (tenant pays outgoings) to highly rated hospitality operator (former Attica & Vue de Monde chef), running hugely popular venues Calere Coffee & Gaea restaurant

+ Strategic tenant that covers morning and evening trade through a profit maximising dual business strategy (1 tenant, 2 businesses)

+ Providing net annual income of $93,150* + GST + Outgoings (after land tax) with favourable fixed 4%* rental increases

+ Prime 111sqm* premises with on-title car park and public transport (tram) at your doorstep providing direct linkage to the CBD in under 7 minutes

+ High foot traffic position benefiting from direct access to massive surrounding amenity. I.e. The Melbourne medical precinct that includes St Vincent’s Hospital, St Vincent’s Institute of Medical Research, Centre for Eye Research Australia, The Royal Victorian Eye & Ear Hospital and The Bionics Institute

+ Surrounded by retail & hospitality excellence including Cutler & Co., Marion, Anada, Charcoal Lane, Archie’s All Day, Little Salon Messer & many more

For information please contact the exclusive sales and marketing agents:

Rorey James
+61 439 400 081

Nic Hage
+61 448 782 594

Jing Jun Heng 王敬君
+61 411 059 116


*Approx

Remember to mention you found this property on CommercialReady.com.au

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