161-163 Nicholson Street Carlton VIC 3053

Hotel, Motel, Pub & Leisure
374 m²
Sold

AN INSTITUTION! Well Established Restaurant with Upstairs Apartment- TOTAL NETT RETURN $93,776.24

This property offers two tenancies in one. The ground floor is tenanted by a well established restaurant with a 6 year lease. The one bedroom apartment upstairs has a separate entrance and is also leased.

Restaurant Ground Floor
- 6 6 Year Lease (Casa Farro)
- Fixed 4% Annual Increases and Market Review
- Rental $73,116.24 PA Nett

Garage rental $3,500 PA Nett

Upstairs Apartment
- 1 bedroom apartment
- Separate Entrance
- Rental $ 17,160 PA Nett

For Further Commercial or Industrial needs contact ICR Property Group.

Raff De Luise 0418 533 633

Guy Naselli 0413 750 744

Property Highlights

Floor Area	374 m²
Land Area	306 m²
Parking	Ask Agent
Property ID	2009813100
Category	Hotel, Motel, Pub & Leisure
Last updated	15 Dec 2011

Map for 161-163 Nicholson Street Carlton VIC 3053

Property Highlights

Floor Area	374 m²
Land Area	306 m²
Parking	Ask Agent
Property ID	2009813100
Category	Hotel, Motel, Pub & Leisure
Last updated	15 Dec 2011

Level 1/30 Collins St Melbourne VIC 3000

Agency profile

Gross Waddell ICR Pty Ltd

03 9 *** ***

03 9654 8666

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