Shops 1-3, 1-7 Dryburgh Street

West Melbourne VIC 3003

Shortlist

SearchBack to results

Home
› For Sale
› VIC
› West Melbourne
› Shop & Retail
› Shops 1-3, 1-7 Dryburgh Street, West Melbourne VIC 3003

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 time	10/04/2025 15:00
Recipient name	Ask Agent
Delivery address	Ask Agent

Gross Waddell ICR Pty Ltd

Level 1/30 Collins St

Melbourne, VIC 3000

Property Highlights

Floor Area	382 m²
Land Area	Ask Agent
Parking	Ask Agent
Annual Return	Ask Agent
Availability	Tenanted
Property ID	2019857745
Category	Shop & Retail
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

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

*Within a 4km radius

Did you find this helpful?

Yes

Gross Waddell ICR Pty Ltd

Level 1/30 Collins St

Melbourne, VIC 3000

Property Highlights

Floor Area	382 m²
Land Area	Ask Agent
Parking	Ask Agent
Annual Return	Ask Agent
Availability	Tenanted
Property ID	2019857745
Category	Shop & Retail
Last updated	14 Apr 2025

Co-Agents

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.