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Shops 1-3, 1-7 Dryburgh Street
West Melbourne VIC 3003
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Shops 1-3, 1-7 Dryburgh Street West Melbourne VIC 3003

  • Shop & Retail
  • 382 m²
  • Expressions of Interest

APPETISING INVESTMENT WITH RENEWED LEASE

    ***UNDER OFFER***

    Gross Waddell ICR is pleased to present for sale an enticing investment opportunity located on the ground floor of Cbus Property's Volaire Development.

    Property highlights:

    Building area: 382sqm* plus outdoor seating area

    Set over three (3) separate titles allowing potential to divide in the future

    Leased to Sassy Italian Restaurant - operating since 2019

    Highly rated 4.8 out of 5 stars on Google Reviews

    Renewed 3 year lease beginning 1 July 2025 with a further 4 year option

    Renewed rental of $112,290* p.a. net with 3.5% annual increases

    Positioned on the ground floor of Cbus Property's Volaire development

    Located adjacent to North Melbourne Train Station and with the convenience of Woolworths Metro across the road

    Benefiting from a high residential catchment with multiple apartment blocks in the area

    Shops 1-3, 1-7 Dryburgh Street, West Melbourne is offered for sale via Expressions of Interest closing on Thursday 10th April 2025 at 3pm (AEDT).

    For further information or to arrange an inspection, please contact Gross Waddell ICR directly.

    *approx.

    EXPRESSION OF INTEREST

    Closing date and time10/04/2025 15:00
    Recipient nameAsk Agent
    Delivery addressAsk Agent
    Gross Waddell ICR Pty Ltd
    Gross Waddell ICR Pty Ltd
    Level 1/30 Collins St
    Melbourne, VIC 3000

    Property Highlights

    Floor Area382 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019857745
    Category
    Last updated  14 Apr 2025
    Map for Shops 1-3, 1-7 Dryburgh Street West Melbourne VIC 3003

    Nearest transport* to Shops 1-3, 1-7 Dryburgh Street West Melbourne VIC 3003

    Bus
    Train
    Tram
    Ferry
    North Melbourne Station/Dryburgh St (West Melbourne)29 m
    North Melbourne Station/Dryburgh St (West Melbourne)38 m
    North Melbourne Railway Station (West Melbourne)108 m
    Dryburgh St/Spencer St (West Melbourne)140 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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    Gross Waddell ICR Pty Ltd
    Gross Waddell ICR Pty Ltd
    Level 1/30 Collins St
    Melbourne, VIC 3000

    Property Highlights

    Floor Area382 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019857745
    Category
    Last updated  14 Apr 2025

    Co-Agents

    Alex Ham
    Alex Ham
    Gross Waddell ICR Pty Ltd
    Call
    0410 545 226
    Richard Lowe
    Gross Waddell ICR Pty Ltd
    Call
    0425 742 777

    More about Shops 1-3, 1-7 Dryburgh Street West Melbourne VIC 3003

    Shops 1-3, 1-7 Dryburgh Street West Melbourne VIC 3003 is categorized as Shop & Retail Property. It has a floor area of 382 m². The listing ID for this property is 2019857745.

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