Fitzroys is pleased to present this high profile investment opportunity situated at 7 & 7A Commercial Road, Melbourne for sale via public auction on Wednesday 4th March at 1pm on site.
Key attributes include:
- Dominant ground floor showroom within tightly held Chevron Retail Precinct
- Current net income of $153,000* 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
Fitzroys is pleased to present this high profile investment opportunity situated at 7 & 7A Commercial Road, Melbourne for sale via public auction on Wednesday 4th March at 1pm on site.
Key attributes include:
- Dominant ground floor showroom within tightly held Chevron Retail Precinct
- Current net income of $153,000* 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
7 & 7A Commercial Road, Melbourne, VIC, 3004
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