CBRE Melbourne are pleased to present For Sale an attractive central Fitzroy freehold retail investment located in the heart of trendy Smith Street, Fitzroy.
Offered fully leased across two levels to popular restaurant, 'Buubbub Thai Restaurant' the property can be summarised by the following key points:
+ Offered with a six (6) year net lease returning $77,674.20 with favourable fixed 4.00% annual increases
+ High quality ground floor restaurant with full commercial kitchen, rear lane access with additional first floor residential also leased to ground floor tenant
+ Prominent and high foot traffic Smith Street location with exclusive signage rights on the building as well as canopy and benefitting from existing outdoor seating for customers
+ Immediate proximity to a variety of eclectic and dynamic surrounding infrastructure, including Good Soul Wines, Tonkin, Hope Street Radio, Shop Ramen, Terror Twilight & Alimentari
+ Excellent public transport connectivity with Smith Street tram network as well as on-site street 2 hour car parking
353 Street, Fitzroy is For Sale via Public On-Site Auction Friday 14th June 2024 at 12:30pm (AEST).
For further information or to arrange an inspection please contact the sales and marketing agents at CBRE:
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Sam O'Connell
+61 448 910 251
sam.oconnell@cbre.com
CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()
*Denotes Approx.