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35 Victoria Avenue, Albert Park

LONGSTANDING AAA TENANT OF 46 YEARS* - 7 STORES IN VICTORIA AND OPEN 7 DAYS A WEEK
  • Land Area:
    163 m2
  • Income:
    $80,000.00 + GST
  • 10-year net lease to renowned longstanding operator ‘Master Drycleaners’. A local institution having been in business for more than 46 years*, with 6 other stores throughout Victoria
  • Providing net annual income of $80,000* + GST + Outgoings (after land tax) with fixed 4% annual rental increases
  • Positioned within the strong trading Victoria Avenue retail precinct, bolstered by national retailers, surrounding schools and public transport (the most popular tram line servicing Port Melbourne Beach) at your doorstep
  • Located in the centre of Albert Park, a bustling, affluent and highly desirable city fringe suburb boasting an exuberant median house price of $1,990,000^
  • Well located 163sqm* landholding with convenient rear lane access (Victoria Lane), currently being utilised by Master Drycleaners as a rear loading facility – ideal for commercial use

FOR SALE VIA DEADLINE PRIVATE SALE CLOSING FRIDAY 3RD APRIL AT 12:30PM (AEDT)

*Approx

^ Source: realestate.com.au

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