Savills and Blount Osborne Walsh are delighted to offer for sale by public auction this rare retail investment, situated in the heart of the Rathdowne Village retail precinct at 633-635 Rathdowne Street, Carlton North. This property represents a fantastic opportunity to acquire a prime retail investment positioned within one of Melbourne's most vibrant and highly sought after city fringe suburbs, Carlton North. The key attributes of this opportunity include:
- A premium double-fronted retail freehold of 450sq m*
- Comprises two ground floor retail shops and a spectacular first floor office space
- Fully leased to 3 long-term tenants
- Incredibly valuable landholding of 229sq m* (Commercial 1 Zone)
- Extensive Rathdowne Street frontage of 11.6m* with rear frontage to Henry Street
- Net Income: $203,398 per annum* + GST + Outgoings (as at 27 April 2019)
- Situated in the heart of the tightly held and ever popular Rathdowne Village retail precinct
- Ideally located close to Melbourne University, RMIT, iconic Lygon Street, schools, parks and only 2km* to the CBD
- A premium retail investment opportunity not to be missed!
*Approx.
For further information please contact:
Savills
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Blount Osborne Walsh
Cameron Elliott
0412 714 506
cameron@bowalsh.com.au