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74 Eastern Road
South Melbourne VIC 3205
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Sold on 30 Oct 2023

74 Eastern Road South Melbourne VIC 3205

  • Shop & Retail
  • 110 m²
  • Sold

WoodsYard South Melbourne A City Fringe Investment Tenanted by Hospitality Elite

  • Highly Rated Operator
  • Low Vendor Paid Outgoings
  • Favourable CPI Increases

Stonebridge Property Group is pleased to present for sale 74 Eastern Road, South Melbourne.

The key highlights of the opportunity include:

- 100% leased by WoodsYard, the highly popular and established wine bar, restaurant/café boasts a strong local following and 4.3* Google star review

- This strategic hospitality space benefits from corner frontage, advantageous outdoor seating and includes a liquor licence for 50 patrons

- Spanning 110 sqm* of ultra-high quality hospitality space complete with commercial kitchen and internal pizza oven

- The shop forms the ground floor of GURNER 74 Eastern Road development. Completed in 2016 the development comprises 71 luxury apartments

WoodsYard lease the property on a 5-year term with 3 further options through to 2040 - favourable annual CPI increases hedge the investment against inflation

- Positioned just 150 m* from the globally recognised Albert Park Lake and 500 m* from the Royal Botanic Gardens

- Set amongst a plethora of luxury residential and office development the corner property benefits from excellent exposure and strong level of passing foot traffic levels

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 594

Sarah Xi
0468 320 297

Dylan Kilner
0459 396 341

* Approximately

Property Code: 759

Stonebridge Property Group VIC
Stonebridge Property Group VIC
Level 19, 627 Chapel Street
South Yarra, VIC 3141

Property Highlights

Date Sold30 Oct 2023
Floor Area110 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018773292
Category
Last updated  1 Nov 2023
Map for 74 Eastern Road South Melbourne VIC 3205
Stonebridge Property Group VIC
Stonebridge Property Group VIC
Level 19, 627 Chapel Street
South Yarra, VIC 3141

Property Highlights

Date Sold30 Oct 2023
Floor Area110 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018773292
Category
Last updated  1 Nov 2023

Co-Agents

Nic Hage
Stonebridge Property Group VIC
Call
+61 448 782 594
Sarah Xi 席子棠
Stonebridge Property Group VIC
Call
+61 468 320 297
Dylan Kilner
Dylan Kilner
Stonebridge Property Group VIC
Call
+61 459 396 341

More about 74 Eastern Road South Melbourne VIC 3205

74 Eastern Road South Melbourne VIC 3205 is categorized as Shop & Retail Property. It has a floor area of 110 m². The listing ID for this property is 2018773292.

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