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7 & 7A Commercial Road, Melbourne, VIC, 3004

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7 & 7A Commercial Road, Melbourne, VIC, 3004

Melbourne

7 & 7A Commercial Road, Melbourne, VIC, 3004

7 & 7A Commercial Road, Melbourne, VIC, 3004

Properties / Buy / Victoria / Melbourne
Tenanted Investment
Selling Method
For Sale
Selling Details
Contact Agent
Land Area
170 m² (*approx)
Floor Area
170 m² (*approx)
Property Type
Retail
Est. Income
$153,000 p/a
Zone
Commercial 1
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6.5% YIELD - PREMIER LIQUOR INVESTMENT IN THE ALFRED PRECINCT
  • Thriving Retail Precinct
  • Dominant Double Frontage
  • High Density Catchment

Fitzroys is pleased to present this high profile investment opportunity situated at 7 & 7A Commercial Road, Melbourne for sale.

Key attributes include:

- Dominant ground floor showroom within tightly held Alfred Hospital Precinct

- Current net income of $146,352* per annum

- Strategically positioned to benefit from 7-days of trade servicing The Alfred Hospital plus St Kilda Road apartment and office buildings

- Bottlemart is one of the largest retail liquor brands with over 700 stores across Australia

- Long term 7-year lease

- Fixed annual rental increases of 4% providing excellent built in income growth

- High exposure location near the corner of St Kilda Road with 41,000* vehicles passing daily

- Conveniently located near the Commercial/St Kilda Road tram stop and in proximity to the new Anzac Train Station Metro Tunnel

For further information on 7 & 7A Commercial Road, Melbourne or an inspection, please contact selling agents Lewis Waddell or David Bourke from Fitzroys.

*Approx.

Remember to mention you found this property on CommercialReady

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Tenanted Investment
Tenanted Investment

7 & 7A Commercial Road Investment Summary

Property Type
Retail
Est. Income
$153,000 p/a
Land Area
170 m² (*approx)
Floor Area
170 m² (*approx)
Zone
Commercial 1
Selling Method
For Sale
DATAROOM AVAILABLE
Gain Access
Selling Details
Contact Agent

Investment Highlights

6.5% YIELD - PREMIER LIQUOR INVESTMENT IN THE ALFRED PRECINCT
  • Thriving Retail Precinct
  • Dominant Double Frontage
  • High Density Catchment

Fitzroys is pleased to present this high profile investment opportunity situated at 7 & 7A Commercial Road, Melbourne for sale.

Key attributes include:

- Dominant ground floor showroom within tightly held Alfred Hospital Precinct

- Current net income of $146,352* per annum

- Strategically positioned to benefit from 7-days of trade servicing The Alfred Hospital plus St Kilda Road apartment and office buildings

- Bottlemart is one of the largest retail liquor brands with over 700 stores across Australia

- Long term 7-year lease

- Fixed annual rental increases of 4% providing excellent built in income growth

- High exposure location near the corner of St Kilda Road with 41,000* vehicles passing daily

- Conveniently located near the Commercial/St Kilda Road tram stop and in proximity to the new Anzac Train Station Metro Tunnel

For further information on 7 & 7A Commercial Road, Melbourne or an inspection, please contact selling agents Lewis Waddell or David Bourke from Fitzroys.

*Approx.

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment

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7 & 7A Commercial Road, Melbourne, VIC, 3004

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Property Location of 7 & 7A Commercial Road, Melbourne, VIC, 3004

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Melbourne Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

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7 & 7A Commercial Road, Melbourne, VIC, 3004 Melbourne
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