Property Details
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Contact Agent
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Retail
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43 sqm
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2
Agent Details
SOLD
11 Commercial Road, Melbourne
SECURELY LEASED INVESTMENT OPPORTUNITY TO SPUDBAR - 7 YEAR LEASE
Teska Carson are pleased to offer SpudBAR, 11 Commercial Road, Melbourne, for Private Sale.
Key attributes of this exceptional opportunity include:
- Brilliant investment that is securely leased to highly popular healthy food business SpudBAR, that has 16 locations throughout Victoria and ACT.
- 7 year lease (commenced September 2022) with further 5 year option
- Annual income of $54,600 + GST & Outgoings
- 5% annual increases
- Two (2) on-title car spaces
- Situated underneath the Chevron Green mixed use development, surrounded by a diverse mix of high performing food and beverage retailers that services local residents and business workers along St Kilda Road and the Alfred Hospital.
- Commercial 1 zoning
- Surrounded by excellent amenity such as Fawkner Park, Albert Park and nearby Botanical Gardens.
- Close proximity to public transport amenities including Tram Routes 72, 3, 5, 6, 16, 64 & 67 and Bus Routes 603 & 604 whilst being only 4 km from Melbourne’s CBD
- Property’s location allows it to benefit from over 42,000+ passing vehicles daily.
Please call for further information or to arrange an inspection.
Luke Bisset 0400 344 211
Matthew Feld 0415 803 348
Key attributes of this exceptional opportunity include:
- Brilliant investment that is securely leased to highly popular healthy food business SpudBAR, that has 16 locations throughout Victoria and ACT.
- 7 year lease (commenced September 2022) with further 5 year option
- Annual income of $54,600 + GST & Outgoings
- 5% annual increases
- Two (2) on-title car spaces
- Situated underneath the Chevron Green mixed use development, surrounded by a diverse mix of high performing food and beverage retailers that services local residents and business workers along St Kilda Road and the Alfred Hospital.
- Commercial 1 zoning
- Surrounded by excellent amenity such as Fawkner Park, Albert Park and nearby Botanical Gardens.
- Close proximity to public transport amenities including Tram Routes 72, 3, 5, 6, 16, 64 & 67 and Bus Routes 603 & 604 whilst being only 4 km from Melbourne’s CBD
- Property’s location allows it to benefit from over 42,000+ passing vehicles daily.
Please call for further information or to arrange an inspection.
Luke Bisset 0400 344 211
Matthew Feld 0415 803 348