35 Victoria Avenue Albert Park VIC 3206

Stonebridge Property Group is pleased to present for sale 35 Victoria Ave, Albert Park.

The key highlights of the opportunity include:

- 100% leased Albert Park freehold tenanted by the longstanding, icon of Port Philip, Master Dry Cleaners

- Master Dry Cleaners have leased the property for over 60 years and now span 7 Melbourne locations

- Currently providing annual income of $92,000* + GST + Outgoings via a 10-year lease with fixed annual increases

- Comprising 163 sqm* of Commercial 1 Zoned land with rear access via Victoria Lane

- Strategically positioned along Victoria Avenue the retail backbone of Albert Park linking the beach to Dundas Place village

- Just 50 m* from national retailer Country Road, tram stop and directly opposite Middle Park Primary

- Albert Park is an ultra-affluent beachside suburb just 2.3km from the Melbourne CBD, boasting a median house price of $2,337,500

- 38.5% of Albert Park residents are employed as 'professionals' indicating a likely strong demand for dry cleaning services

- The use of dry cleaning services is supported by a median household income 44% higher than the Melbourne average

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0448 782 594

Ian Lam
0416 621 859

Rorey James
0439 400 081

*Approximately

Property Code: 1183