A location highly regarded by many foodies across Melbourne and occupying a premier position that has been voted the world's "coolest street", is where you will find this outstanding commercial property and super investment opportunity. Securely leased to a thriving business with an immensely popular following "JuJu's Deli" it offers a steady stream of income, making it an exciting future upside. The fully renovated building consists of a contemporary open plan shop front enhanced by its contemporary fit-outs and jumbo doors and windows that draw in a lot of attention. There is also a fantastic storage room plus two industrial kitchen spaces, with side access to a his & hers WC, and undercover carport from a rear lane.
Current Return: $33,000 per annum + Outgoings
Terms of Lease: 3 years to 1 Apr 2026
Further Terms: 3 x 3 x 3 years
Dwelling size: 83sqm approx.
Land area: 156sqm approx.
Commercial 1 Zone
This opportunity is a landmark acquisition and an outstanding addition to any strategic investment portfolio. This is your chance to secure a commercial property with both an immediate return and potential for substantial future growth.