343 Clarendon Street, South Melbourne

High quality retail corner leased to experienced international restaurateur
  • Income:
    $165,000.00 + GST
  • An exemplary retail corner that was re-built (to the highest of standards) in 2018 to include 4 immaculately appointed levels, each with their own unique offering
  • Leased by experienced international restaurateur Mr Jesse Singh, who oversees and operates venues in New York City (Babu Ji), California (Bibi Ji), Sydney (Don’t Tell Aunty) and Melbourne (Daughter In Law & Mrs Singh)
  • The proven operator taking the world by storm, has secured the property on a new 5 year lease with fixed 4% annual increases, providing net annual income of $165,000* + GST + Outgoings
  • The multifaceted retail building is set to incorporate a bottle shop, iconic ‘unauthentic’ Jesse Singh Indian restaurant, corner café and private function space
  • Arguably one of South Melbourne’s most prominent and well exposed corners with 32 metres* of combined frontage and the benefit of rear council car park
  • Positioned in the ‘top end’ of South Melbourne and surrounded by hospitality elite ‘Park Street Pasta & Wine’, ‘Bellota Wine Bar’ and ‘Wynyard & James’
  • Tram stops on every point of the Park/Clarendon Street intersection provide substantial exposure, unparalleled convenience and importantly, guaranteed foot traffic for Jesse Singh’s hottest suburban venue

* Approx

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