Tasty Carnegie Investment

Fitzroys is delighted to offer 49 Koornang Road, Carnegie for sale as part of its “Melbourne Retail Portfolio Auction” on Thursday 23rd June at Leonda By The Yarra, Hawthorn at 11am.

Key attributes:

• Well-presented restaurant premises positioned within Koornang Road’s booming retail and hospitality precinct
• Leased to popular restaurant tenant trading as Lu’s BBQ
• Lease term: 5 x 5 years from May 2021
• Rental: $44,045* per annum plus outgoings and GST
• Land Area: 234 sqm*
• Two storey building of 170 sqm*
• Includes rear access via right of way from Rosstown Road
• Surrounded by leading major retailers including Woolworths, Aldi, Chemist Warehouse and a host of well-regarded eateries
• Strategically positioned directly opposite the new Carnegie Railway Station
• Within surging activity centre underpinned by various new high rise residential towers nearby
• Excellent future value add potential (stca)
• Zoning: Commercial 1
• Affordable opportunity to invest in one of Melbourne’s most successful and tightly held shopping strips

FOR SALE BY PUBLIC AUCTION AT LEONDA BY THE YARRA, HAWTHORN, THURSDAY 23RD JUNE COMMENCING 11.00AM

*approx.