Teska Carson have the pleasure of offering to the market 112 Stephenson Street (corner Balmain Street) for Sale by Expressions of Interest closing Wednesday 31 August at 3pm.
Offered for the first time in 30 years, rarely does an offering so rich in history come to the market.
- Perfectly suited for investors, owner operators and value add buyers looking to take advantage of what is the best positioned city fringe pub in Melbourne’s most coveted commercial location.
- Occupied by longstanding tenants The Cherry Tree Hotel, and widely regarded as one of best hidden gems of Melbourne’s food and beverage scene, this 7 day a week business runs day and night, with patrons including the tight knit local Cremorne community, office users throughout Cremorne/Richmond, as well as the general public.
- A commanding block of 422sqm* and located on the corner of Stephenson & Balmain Streets, benefitting from over 40 metres of street frontage.
- Well-presented two level building comprising 560sqm* of floor area.
- Favourable Commercial 2 zoning allowing scope to value-add or for future high-density development (STPA).
- Cremorne is home to national and international tenants such as Seek, Uber, Disney, MYOB, Reece, Car Sales and many more.
- Abundant lifestyle amenity including Melbourne’s best cafes and restaurants.
- Walking distance to Richmond Train station and 2.5km to Melbourne’s CBD.
* approximate
Please do not hesitate to call for further information.
Luke Bisset 0400 344 211
Matthew Feld 0415 803 348
