Stonebridge Property Group is pleased to present for sale 74 Eastern Road, South Melbourne.
The key highlights of the opportunity include:
- 100% leased by WoodsYard, the highly popular and established wine bar, restaurant/café boasts a strong local following and 4.3* Google star review
- This strategic hospitality space benefits from corner frontage, advantageous outdoor seating and includes a liquor licence for 50 patrons
- Spanning 110 sqm* of ultra-high quality hospitality space complete with commercial kitchen and internal pizza oven
- The shop forms the ground floor of GURNER 74 Eastern Road development. Completed in 2016 the development comprises 71 luxury apartments
WoodsYard lease the property on a 5-year term with 3 further options through to 2040 - favourable annual CPI increases hedge the investment against inflation
- Positioned just 150 m* from the globally recognised Albert Park Lake and 500 m* from the Royal Botanic Gardens
- Set amongst a plethora of luxury residential and office development the corner property benefits from excellent exposure and strong level of passing foot traffic levels
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Nic Hage
0448 782 594
Sarah Xi
0468 320 297
Dylan Kilner
0459 396 341
* Approximately
Property Code: 759
