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87-89 Dundas Place, Albert Park, VIC, 3206
Albert Park
Fitzroys is delighted to offer for sale this trophy retail investment located in the highly sought after and popular shopping strip of Albert Park Village.
This high-profile opportunity provides investors with the rare chance to acquire a sought-after investment with the benefit of a long-term lease to one of Melbourne's leading independent grocers – Gum Tree Good Food.
The key attributes of this opportunity include:
- Situated in the highly desirable Albert Park Village shopping precinct – one of Melbourne’s best shopping strips known for its long history of low vacancies and strong rental levels.
- Substantial ground floor retail showroom with basement accessed via internal staircase and goods lift – totalling 348sqm*
- New 7 + 7 + 7 year lease to well-established tenant Gum Tree Good Food – est. 2009
- Fixed annual increases
- Ultra-low Land Tax exposure
- Three (3) car spaces on title
- Super prime position between Montague Street roundabout and Faussett Street, perfectly set back behind Dundas Place Reserve.
- Strong foot traffic precinct and located amongst other leading national/local retailers and venues including Albert Park Hotel, MECCA (new flagship under construction), Dundas Faussett, Husk, Country Road, Woolworths, Pony Boy, Neds Bake, Flannel, Laurent and more.
- Abundance of public car parking available and underpinned by excellent transport services and a strong local demographic.
87-89 Dundas Place, Albert Park presents an outstanding opportunity to acquire a sought-after retail investment providing the successful purchaser a trophy investment within a premier shopping strip.
*Approx.
Remember to mention you found this property on CommercialReady
Fitzroys is delighted to offer for sale this trophy retail investment located in the highly sought after and popular shopping strip of Albert Park Village.
This high-profile opportunity provides investors with the rare chance to acquire a sought-after investment with the benefit of a long-term lease to one of Melbourne's leading independent grocers – Gum Tree Good Food.
The key attributes of this opportunity include:
- Situated in the highly desirable Albert Park Village shopping precinct – one of Melbourne’s best shopping strips known for its long history of low vacancies and strong rental levels.
- Substantial ground floor retail showroom with basement accessed via internal staircase and goods lift – totalling 348sqm*
- New 7 + 7 + 7 year lease to well-established tenant Gum Tree Good Food – est. 2009
- Fixed annual increases
- Ultra-low Land Tax exposure
- Three (3) car spaces on title
- Super prime position between Montague Street roundabout and Faussett Street, perfectly set back behind Dundas Place Reserve.
- Strong foot traffic precinct and located amongst other leading national/local retailers and venues including Albert Park Hotel, MECCA (new flagship under construction), Dundas Faussett, Husk, Country Road, Woolworths, Pony Boy, Neds Bake, Flannel, Laurent and more.
- Abundance of public car parking available and underpinned by excellent transport services and a strong local demographic.
87-89 Dundas Place, Albert Park presents an outstanding opportunity to acquire a sought-after retail investment providing the successful purchaser a trophy investment within a premier shopping strip.
*Approx.
Remember to mention you found this property on CommercialReady
87-89 Dundas Place, Albert Park, VIC, 3206
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
