EOI Ending 04/04/2025 unless sold prior
An exceptional commercial property in the heart of Port Melbourne, offering breathtaking beachfront views and a secure long-term lease to an established restaurant operator.
Prestigious Waterfront Location - Unrivaled position with stunning Port Melbourne Beach views.
Iconic Heritage with a Modern Twist - Originally built in the 1800s, now transformed into the contemporary 'Bay Route Bar & Grill' restaurant.
Unbeatable Exposure - Prime corner position at Beach St & Nott St with 25m frontage*, maximizing visibility.
Proximity to Key Amenities - Just 3.5 km from Melbourne CBD*, 80m from Bay Street's bustling retail hub, surrounded by shops, fitness centers, banks, medical services, and over 6,000 apartment residents.
Secure Investment - Leased to a successful restaurant operator under a 3-year lease with five (5) additional 5-year options.
Strong Rental Yield - Generating $90,000.00 p.a. plus GST along with 4% annual increase.
Spacious Layout - 240m2 ground floor space* plus a large basement with 6 car spaces & storage.
High-Impact Branding Opportunity - Prime corner location with exceptional signage exposure.
Don't Miss This Blue-Chip Investment! Contact Sunny on 0433 168 822 or Nitin 0416 417 297 today for more details or to arrange an inspection.
Interested parties should conduct their due diligence before making any submissions. The given details are for general information only and do not constitute any representation on the part of the vendor or agent.