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118, 120 & 122 Hardware Street
Melbourne VIC 3000
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Sold on 8 Dec 2017

118, 120 & 122 Hardware Street Melbourne VIC 3000

  • Shop & Retail
  • 50 - 65 m²
  • Sold

THE HARDWARE COLLECTION - THREE PRIME RETAIL INVESTMENTS INCLUDING CAFE SOCIETE

  • AFFORDABLE RETAIL INVESTMENTS
  • 3 INVESTMENTS OFFERED SEPARATELY
  • 2 SHOPS LEASED TO HARDWARE SOCIETE CAFÉ

Fitzroys and Emmetts Real Estate are pleased to offer 'The Hardware Collection' - three exceptional CBD investment opportunities for sale in the heart of the Melbourne CBD – 118, 120 and 122 Hardware Street, Melbourne.

To be offered separately, 'The Hardware Collection' offers the opportunity to acquire affordable retail investments in one of Melbourne’s most distinguished laneway precincts including leases to one of Melbourne’s most popular cafés – The Hardware Societe.

Investment considerations:
- Central Melbourne CBD location.
- Hardware St is characteristic of the highly successful Melbourne CBD pedestrian laneways that are one of the distinguishing features that make Melbourne the World’s Most Liveable Cities.
- Surging residential population growth forecast of 83% between 2016 and 2036 (City of Melbourne).
- High levels of development underway throughout the Melbourne CBD and within close proximity to the property - spanning residential, hotels and office buildings alongside major infrastructure projects including Metro Rail that will enhance the appeal of the Melbourne CBD as one of the world's best mixed-use CBDs.
- Three prime affordable retail properties to be auctioned separately with rents ranging from $54,079 pa to $77,781 pa plus GST.
- Includes two leases to one of Melbourne's most popular cafés - The Hardware Societe.

The three properties to be offered separately comprise:
- 118 Hardware St: Retail leased to The Hardware Societe Cafe
- 120 Hardware St: Retail leased to The Hardware Societe Cafe
- 122 Hardware St: Retail leased to True Thai Massage

All leases provide for significant fixed annual rental uplifts with strong market growth potential driven by the booming growth in the CBD population.

This is a rare opportunity to secure prime affordable CBD retail investments with outstanding growth potential.

For further details, contact Charles Emmett or Andrew Milligan of Emmetts Real Estate or David Bourke and Terence Yeh of Fitzroys.

AUCTION

Auction date and time08/12/2017 13:00
Auction locationAsk Agent
Emmetts Real Estate
Emmetts Real Estate
21-27 Somerset Place
Melbourne, VIC 3000

Property Highlights

Date Sold8 Dec 2017
Floor Area50 - 65 m²
Land AreaAsk Agent
Parking1 x Onsite parking
Property ID2014020777
Category
Last updated  12 Dec 2017
Map for 118, 120 & 122 Hardware Street Melbourne VIC 3000

Nearest transport* to 118, 120 & 122 Hardware Street Melbourne VIC 3000

Bus
Train
Tram
Ferry
Hardware St/Lonsdale St (Melbourne City)84 m
Lonsdale St/Queen St (Melbourne City)102 m
Little Lonsdale St/Queen St (Melbourne City)120 m
La Trobe St/Queen St (Melbourne City)130 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Emmetts Real Estate
Emmetts Real Estate
21-27 Somerset Place
Melbourne, VIC 3000

Property Highlights

Date Sold8 Dec 2017
Floor Area50 - 65 m²
Land AreaAsk Agent
Parking1 x Onsite parking
Property ID2014020777
Category
Last updated  12 Dec 2017

Co-Agents

Charles Emmett
Charles Emmett
Emmetts Real Estate
Call
0402358069
David Bourke
David Bourke
Fitzroys Pty Ltd
Call
0407 705 755

More about 118, 120 & 122 Hardware Street Melbourne VIC 3000

118, 120 & 122 Hardware Street Melbourne VIC 3000 is categorized as Shop & Retail Property. It has a floor area of 50 - 65 m². There are 1 x onsite parkings.The listing ID for this property is 2014020777.

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