We are pleased to offer this ground floor strata titled unit currently established as a café for sale or lease.
This fantastic opportunity is ideal for a café/food operator to own their own premises as well as the business avoiding the sometimes difficulties of dealing with a landlord. You are certainly the master of your own destiny in this owner occupier situation.
Alternatively it represents a solid retail investment located on ground floor of the iconic Mercedes Benz Tower at the busy intersection of Kings Way and Sturt Street, South Melbourne. The property is offered with vacant possession with an anticipated rental return of $30,000 p.a. which represents a yield of 7.5%.
222 Kings Way, South Melbourne is located on the corner or Kings Way and Stuart Street and is approximately 2km* south of the Melbourne CBD. Kings Way is a major arterial road that runs from Flinders Street in the CBD through to South Melbourne where it becomes Princes Highway which continues through the South Eastern Suburbs and out of Melbourne.
Due to the constant stream of traffic properties situated alongside Kings Way, South Melbourne receive ample exposure. Convenient access to most major freeways, a tram stop on the doorstep, and only minutes from the Crown Complex, South Bank, Docklands and Melbourne CBD, the café is surrounded by local offices, retail and residential complexes and private housing.
