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16 Katherine Place Melbourne VIC 3000

  • Retail
  • 174 m²
  • Commercial Auction

MELBOURNE CBD HOSPITALITY INVESTMENT LEASED TO ESTABLISHED OPERATOR

  • Leased to popular 5 and Dime Bagel
  • 6 + 5 + 5 year lease
  • Trendy laneway location

- Leased to established hospitality tenant, 5 and Dime Bagels on a 6 + 5 + 5 year lease returning a total income of $118,412.12p.a* with 3% fixed annual increases

- Extensive building area of 174sqm* across two separate titles providing future potential for multiple tenancies

- Positioned in one of Melbournes trendiest laneway locations within the Melbourne CBDs booming western core with an enormous catchment area of office workers, tourists & residents

- Situated at the base of the mixed use office and retail complex The Edition, surrounded by popular hospitality tenants including Hardware Societe, Grain Store and Delhi Streets

- Surrounded by major hotel and office development projects including Tune Hotel Flinders Street, BPMs Quincey Hotel, Paul Littles Hyatt Centric and Charter Halls landmark 555 Collins Street office development set to drive value and increase foot traffic across the precinct

- Supported by a myriad of key public transportation options including the Flinders Street tram network and Southern Cross Train Station both within walking distance

FOR SALE VIA PUBLIC ONSITE AUCTION ON FRIDAY 11TH OCTOBER 2019 AT 12.30PM (AEST)

Open for Inspections:

Friday 13th September at 11.00AM
Friday 20th September at 11.00AM
Thursday 26th September at 11.30AM
Friday 4th October at 11.00AM
Friday 11th October at 12.00PM

*approx

For further information please contact the exclusive sales agents:

Alex Brierley
+61 447 974 447

Julian White
+61 422 764 137

Nathan Mufale
+61 416 789 218

Leon Ma
+61 417 070 725

Auction date and time11/10/2019 12:30
Auction location16 Katherine Place, Melbourne CBD

Property Highlights

Property ID2015622258
Floor Area174 m²
Land Area174 m²
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  13 Sep 2019
Map for 16 Katherine Place Melbourne VIC 3000
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

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