Fitzroys is delighted to offer this unique freehold investment leased to one of Brighton’s iconic and established licenced restaurants located in the absolute prime of bustling Bay Street for sale.
The key attributes of this opportunity include:
-Located within the highly desirable Bayside suburb of Brighton.
-Irreplaceable land holding of 204sqm* with extensive frontage of 6.10 metres* plus rear access entered from Willansby Avenue.
-Immaculately presented restaurant of 168sqm* with attractive north facing seating, commercial kitchen, storage and off-street parking for 2 cars included on site.
-New Six (6) year lease from June 2023 returning $60,000 pa plus outgoings and GST with options through to 2039 to an established and iconic restaurant – Rock Salt.
-Abundance of public car parking nearby within Willansby Avenue.
-Superbly located amongst leading retailers including Chemist Warehouse Aus Post, Coles Supermarket, Flight Centre and a long list of established local traders.
-Surrounded by a plethora of multi-level apartment sites constructed, in construction and in planning stage.
-Excellent access to Melbournes CBD and gateway to the strong Bayside catchment area.
-Convenient public transport amenities nearby with a bus service operating along Bay Street and the North Brighton Station within walking distance.
-360 Bay Street presents an outstanding opportunity to acquire the perfect slice of a Brighton institution offered subject to a new 6-year lease all located in the epicentre of bustling Bay Street.
Transaction Manager: David Evans, The Moore Company.
-Note: the adjoining property to the east which is also occupied by Rock Salt is not included with this sale.
*Approx.
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