CBRE Melbourne Strip Retail Investments, together with CBRE Victorian Health, Aged & Childcare, are proud to present to the market, 180 Bay Street, Port Melbourne being offered for sale via Expressions Of Interest, closing 10th May 2017 at 3:00pm.
We summarise the property details below, for your reference:
An irreplaceable 1,020sqm* land holding located in the heart of Port Melbourne's popular café & retail precinct, Bay Street
Existing two (2) level freestanding building of 1,135sqm* including 13 car parks on-site
Imposing 20+ metre* frontage to bustling Bay Street, complimented by rear vehicular laneway access via Adams Place (20+ metre frontage*)
Total annual income of $744,897 pa* derived from retail & medical tenants (including international health care provider Dental Corporation, a subsidiary of Bupa, & Witchery Fashion)
Major potential for development (STCA), enhanced by surrounding projects and demolition clauses to current tenants
Favourable seven (7) day trading conditions driven by high volumes of residential and tourist traffic
*approx
Should you wish to discuss this exciting opportunity further, please contact any of the below exclusive selling agents:
Rorey James
0439 400 081
Josh Twelftree
0452 524 985
Scott Orchard
0425 760 712