Jones Real Estate is pleased to present 427 Hampton Street, Hampton For Sale via Deadline Private Sale closing Friday 16th October at 12:30pm (AEDT). This boutique retail investment leased to Butcher & Vine, one of Melbourne's most credentialed steak and wine destinations, on one of Bayside's most affluent and tightly-held retail strips.
Hampton Street's rare mix of village character, dense foot traffic and affluent local trade has made it one of Melbourne's premier bayside retail addresses, and this asset sits right at its heart.
Key investment highlights include:
- Leased to Butcher & Vine Hampton Pty Ltd trading as 'Butcher & Vine', returning $260,000 per annum plus GST & Outgoings, secured by a brand-new 5-year lease with options to 2041.
- Offering two titles in one line, comprising 587 sqm* of lettable retail area with 12.5m* of frontage to Hampton Street, including two basement car spaces on-title.
- Butcher & Vine has twice been ranked among the World's 101 Best Steak Restaurants, reinforcing its standing as one of Melbourne's most credentialed steak and wine venues.
- Holds a general liquor licence - one of the most sought-after and flexible licence types available - permitting trade to 1am^ and outdoor alfresco service year-round, giving the tenant valuable flexibility to capture both daytime and late-night trade across up to 470 patrons.
- The premises comprises of dedicated dining, alfresco, commercial kitchen, bar and function areas, giving the tenant a genuinely diversified trading model across multiple revenue streams under one roof.
- Hampton is one of Melbourne's most sought-after bayside suburbs, with a median house price of $2,386,000* underpinning its high-income, family-oriented demographic and enduring residential appeal.
- Zoned C1Z – Commercial 1 Zone.
*Approx.
^On regular weekdays, external areas until 12:30am
For further information or to arrange an inspection, please contact the exclusive agents at Jones Real Estate.
Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.
Remember to mention you found this property on CommercialReady
Jones Real Estate is pleased to present 427 Hampton Street, Hampton For Sale via Deadline Private Sale closing Friday 16th October at 12:30pm (AEDT). This boutique retail investment leased to Butcher & Vine, one of Melbourne's most credentialed steak and wine destinations, on one of Bayside's most affluent and tightly-held retail strips.
Hampton Street's rare mix of village character, dense foot traffic and affluent local trade has made it one of Melbourne's premier bayside retail addresses, and this asset sits right at its heart.
Key investment highlights include:
- Leased to Butcher & Vine Hampton Pty Ltd trading as 'Butcher & Vine', returning $260,000 per annum plus GST & Outgoings, secured by a brand-new 5-year lease with options to 2041.
- Offering two titles in one line, comprising 587 sqm* of lettable retail area with 12.5m* of frontage to Hampton Street, including two basement car spaces on-title.
- Butcher & Vine has twice been ranked among the World's 101 Best Steak Restaurants, reinforcing its standing as one of Melbourne's most credentialed steak and wine venues.
- Holds a general liquor licence - one of the most sought-after and flexible licence types available - permitting trade to 1am^ and outdoor alfresco service year-round, giving the tenant valuable flexibility to capture both daytime and late-night trade across up to 470 patrons.
- The premises comprises of dedicated dining, alfresco, commercial kitchen, bar and function areas, giving the tenant a genuinely diversified trading model across multiple revenue streams under one roof.
- Hampton is one of Melbourne's most sought-after bayside suburbs, with a median house price of $2,386,000* underpinning its high-income, family-oriented demographic and enduring residential appeal.
- Zoned C1Z – Commercial 1 Zone.
*Approx.
^On regular weekdays, external areas until 12:30am
For further information or to arrange an inspection, please contact the exclusive agents at Jones Real Estate.
Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.
Remember to mention you found this property on CommercialReady
Butcher & Vine, 427 Hampton Street, Hampton, VIC, 3188
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