166 Gertrude Street, Fitzroy

HIGH QUALITY RETAIL INVESTMENT - 5-YEAR NET LEASE (TENANT PAYS OUTGOINGS) + FIXED 4% ANNUAL RENTAL INCREASES
  • Floor Area:
    111 m2
  • Income:
    $90,000.00 + GST
  • 5-year net lease to highly rated hospitality operator (former Attica & Vue de Monde chef), running hugely popular venues Calere Coffee & Gaea restaurant
  • Strategic tenant that covers morning and evening trade through a profit maximising dual business strategy (1 tenant, 2 businesses)
  • Providing net annual income of $90,000* + GST + Outgoings (after land tax) with favourable fixed 4%* rental increases
  • Prime 111sqm* premises with on-title car park and public transport (tram) at your doorstep providing direct linkage to the CBD in under 7 minutes
  • High foot traffic position benefiting from direct access to massive surrounding amenity. i.e. the Melbourne medical precinct that includes St Vincent’s Hospital, St Vincent’s Institute of Medical Research, Centre for Eye Research Australia, The Royal Victorian Eye & Ear Hospital and The Bionics Institute
  • Surrounded by retail & hospitality excellence including Cutler & Co., Marion, Anada, Charcoal Lane, Archie’s All Day, Little Salon Messer & many more

*Approx

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