Prime ground floor restaurant of 270sqm* leased to established hospitality operator 'Tea House' with seating for up to 100 patrons
Total net income of $148,047pa* with 3% fixed annual rental increases
Over 9m* of irreplaceable street frontage with direct access to Little Bourke Street and Lonsdale Street
Situated at the base of the ten (10) level 'Punt Hill Apartment Hotel' complex, surrounded by an abundance of public transport and new commercial and residential developments
Located within a 7-day/24-hour retail and hospitality hub of culinary offerings that continually attracts visitation from locals and tourists
For Sale via on-site Public Auction Friday 8th December 2017 at 2.30pm
To arrange a personal inspection or for further information please contact the exclusive sales and marketing agents at CBRE Melbourne City Sales:
Alex Brierley
+61 447 974 447
Jing Jun Heng
+61 411 059 116