Sold by Jellis Craig.
RETURNING $47,740.50 PER ANNUM NET
ESTABLISHED PET SHOP / DOG GROOMING TENANT
PRIME POSITION INVESTMENT
Jellis Craig are pleased to offer for sale this well positioned boutique retail investment on Fitzroy Street, St Kilda; one of Melbourne's most popular tourist and lifestyle destinations along the gateway to the world famous St Kilda Beach.
Ideally located within close proximity to a plethora of amenities such as tram and bus public transport options, Albert Park lake, bayside beaches, shops, bars / restaurants and Melbourne CBD, this shop is a must have for an astute investors portfolio!
Features:
- Three (3) year lease to 2023 with further option remaining
- Passing income of $47,740.50 pa net (January 2022)
- Building area: 110 sqm (approx.)
- Split level tenancy, with kitchenette and bathrooms
- Allocated parking bay
- Established tenant, with prominent online sales platform
- Access to "The Majestic" apartment complex facilities, incl. Gym and swimming pool
- Excellent "Paris End" of Fitzroy Street position
- Close to beach, Albert Park lake and just 4.7km to Melbourne CBD
- Suitable for variety of uses (STCA)
Tenant; www.alphapet.com.au
Please contact the exclusive sales and marketing agents for further information - forthcoming auction in February 2022 (unless sold prior).
