Watch Watch

2. Property Highlights

Brand New 10 Year Lease in Brighton

Nichols Crowder is pleased to offer to the market this stunning investment at 738 Hampton Street, Brighton.

Leased to wildly popular hospitality brand, Rustica who boast five locations around the Melbourne CBD and surrounds, this is a rare investment offering a lease term with options through to 2043 being ideally suited to Investors looking for long term stability in their portfolio.

Commanding a prominent position in Dendy Village and beneath the stunning "Sera" mixed use development (built and developed by award winning Bayside developer Lowe Living) comprising 4 Levels of Retail, Office & Luxury Apartments.

Key investment highlights include:

* New ten (10) year lease to Rustica Bakery

* Further term options of 5 + 5 years

* Currently providing annual net income of $155,000 + GST

* Fixed annual 3.5% rent reviews plus 6-month bank guarantee in place

* Brand new cafe/retail premises built and developed by award winning Bayside developer, Lowe Living

* Immaculate tenant fit out - Needs to be seen to be believed

* Blue chip Brighton location w/ boasts a huge median house price of $3,100,000*

For further details or to arrange an inspection, please contact:

Julian Vautin 0420 406 660

James Glen 0401 493 277


* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorised use is strictly prohibited.

Remember to mention you found this property on CommercialReady

Read More

3. Property Location

738 Hampton Street, Brighton, VIC, 3186