Property Description

Corner Investment In Busy Central Location

Fitzroys is delighted to offer a prime corner investment in a busy central location via Private Sale.

Key features include:

• Immaculate ground floor shop on the corner of Pratt Street and Young Street
• Unbeatable location – opposite Woolworths and surrounded by a number of Australia’s largest retailers including Chemist Warehouse, ANZ, Westpac, Sportscraft, Bed Bath and Table, Sussan and Witchery, to name a few
• Opposite huge public car park
• Within proximity to Moonee Ponds Central, home to K Mart, Aldi and Coles
• Close to all modes of public transport including train station (300 metres approx.) and tram and bus interchange (500 metres approx.)
• Returning $68,390* per annum plus outgoings and GST
• 5yr + 5yr lease (commenced: January 2018)
• Tenant pays all usual outgoings according to the lease
• Located within the epicentre of Moonee Ponds’ development boom, surrounded by over 1,600 apartments in various stages of construction
• Perfectly positioned to benefit directly from the area’s population explosion which has already commenced and due to continue with a lengthy pipeline of high rise residential developments planned for the area

*approx.