52 Morrah Street Parkville VIC 3052
- Shop & Retail
- 191 m²
- For Sale, Offers Under Review
THE PARKVILLE STORE
Nelson Alexander Commercial are pleased to present For Sale The Parkville Store. Operating for 136 years of continual trade, 52 Morrah Street is undoubtedly a proven location for hospitality/retail & ultimately investment success.
Key features of this truly unique offering:
> Brand New 4-year lease to established and iconic café The Parkville Store
> Landlord favoured fixed annual increase of 3%
> Separate 3-bedroom residence with north facing rear courtyard (access via Wimble Street)
> Total income $107,000 pa (approx.)
> Prominent corner location
> Underpinned by Neighbourhood Residential Zoning and a strong Median House price of $1,951,000 (2021)
For all enquiries or to arrange a private inspection, please contact exclusive leasing agents Nelson Alexander Commercial on 9419 5511.