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• Central city location close to the university
• 60sqm (approximately) ground-floor retail
• Established cafe tenant
• Realistic Vendor is committed to sell
• Flexible settlement, take advantage of falling interest rates
• Established tenant has extended lease term and agreed 2025 rental
With a floor area of 60sqm (approximately), this well-located cafe enjoys peaceful views towards Albert Park. The cafe is very appealing with it's brick-feature walls, large window looking towards the park, and some outdoor seating.
This is a perfect opportunity to acquire an entry-level investment with an established tenant offering both immediate returns and future growth potential. The area is undergoing an upgrade and the CRL in Wellesley Street will be very convenient once open.
There is car parking available nearby as well as on-street parking on Kitchener Street. The property's strategic location provides easy access to public transport and motorway systems. Take advantage of this opportunity to own your retail investment in the tightly-held CBD.
Call now to book an inspection!
Jill Downie
+64 21 448 777