Fitzroys is delighted to offer for sale this triple income corner freehold investment located in the buzzing shopping strip of Bay Street, Brighton via on-site Auction Thursday 17th October at 1pm.
This generational opportunity has been held in the one family for close to 45 years and provides investors with the rare chance to acquire a prominent freehold with strong lease profiles to established Tenants.
The key attributes of this opportunity include:
- Situated in the absolute prime of Bay Street and Willansby Avenue in the highly desirable suburb of Brighton
- Land Area: 204sqm* with a combined street frontage of 39.6 metres* plus right of way access at rear
- Versatile building consisting of front ground floor café, unique side retail and separate first floor offices/beauty use
- Total Rent: $104,987 pa plus outgoings and gst with the majority of the income received from popular Tenant - Little Sister café who have recently renewed their lease to August 2030*
- On site parking included on title plus an abundance of public car parking located opposite
- Surrounded by a plethora of multi level apartments sites constructed, in construction and in planning stage
- Superbly located amongst leading retailers including Rock/Salt, Mr & Mrs P, Chemist Warehouse, Coles Supermarket, Aust Post, Flight Centre and more
- Excellent transport services nearby with first class education facilities and strong local demographic
350 Bay Street Brighton presents an outstanding opportunity to acquire a highly sought after freehold investment located in the absolute prime of one of Melbourne's established shopping precincts.
FOR SALE BY PUBLIC AUCTION THURSDAY 17TH OCTOBER AT 1PM ONSITE.
*Approx.
