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Gross Waddell ICR in conjunction with Australian Professionals Property Service is delighted to present this exciting retail investment opportunity, positioned in the heart of Flemington Village, a retail strip offering diverse range of tenants including cafés, service retail and specialty stores in a high-traffic, community-focused location.
Previously home to an ANZ bank, the premises have been repurposed as a prominent Chinese restaurant brand boasting seven outlets across Melbourne.
Featuring flexible zoning, commanding conner position and easy access to all transport options, the property provides future redevelopment or repositioning potential (SCTA). Property highlights include:
• Leased to hospitality tenant trading as “I Love Dumplings”
• Rental of $89,975*p.a. + Outgoings and GST
• Lease Term of 5 years (comm Dec 2023) + 5 year option
• Part 2 level improvement of 263sqm* plus 3 onsite car parks
• Commercial (C1Z) landholding of 308sqm* featuring triple frontage
• Located in the heart of Flemington Village retail strip abutting Pridham Plaza
For Sale via Expressions of Interest closing Friday 12th December at 2:00pm (AEDT).
For more information or to arrange an inspection, please contact the below:
Andrew Greenway 0409 547 626
Alex Ham 0410 545 226
*approximate
Remember to mention you found this property on CommercialReady
Gross Waddell ICR in conjunction with Australian Professionals Property Service is delighted to present this exciting retail investment opportunity, positioned in the heart of Flemington Village, a retail strip offering diverse range of tenants including cafés, service retail and specialty stores in a high-traffic, community-focused location.
Previously home to an ANZ bank, the premises have been repurposed as a prominent Chinese restaurant brand boasting seven outlets across Melbourne.
Featuring flexible zoning, commanding conner position and easy access to all transport options, the property provides future redevelopment or repositioning potential (SCTA). Property highlights include:
• Leased to hospitality tenant trading as “I Love Dumplings”
• Rental of $89,975*p.a. + Outgoings and GST
• Lease Term of 5 years (comm Dec 2023) + 5 year option
• Part 2 level improvement of 263sqm* plus 3 onsite car parks
• Commercial (C1Z) landholding of 308sqm* featuring triple frontage
• Located in the heart of Flemington Village retail strip abutting Pridham Plaza
For Sale via Expressions of Interest closing Friday 12th December at 2:00pm (AEDT).
For more information or to arrange an inspection, please contact the below:
Andrew Greenway 0409 547 626
Alex Ham 0410 545 226
*approximate
Remember to mention you found this property on CommercialReady
297 Racecourse Road, Kensington, VIC, 3031
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
