Capitalising on its unmatched position and offering immediate returns through a dependable, longstanding National tenant, this versatile high-exposure 110m2 (approx) freehold shopfront offers a range of future potential uses and outstanding investment credentials amongst one of Melbourne’s most popular and celebrated retail/dining strips. With frontage to both energetic Sydney Road and flourishing Foleys Mall, noteworthy points include:
- Leased to longstanding retail National tenant (renowned Australian brand Sussan)
Lease terms: 3 years commencing 1/2/2024 with 3 further options of 3 years.
Rent: $59,105.40 plus GST with 3% annual rent increase and market at Option period
- 110sqm internally (approx.) with substantial retail space and store room with kitchenette
- Comprehensive heating, cooling, and downlighting
- Under 8km from CBD, with trains and trams just seconds away
- Activity Centre Zoning (ACZ)
With abundant public customer parking and surrounded by major supermarkets, successful boutiques and thriving cafes/restaurants the shop offers a lot of tick boxes and is also seconds from city-bound 19 tram and Coburg Station.
Inspect by private appointment.
