Property Description

Balaclava’s Best Kept Secret!

Fitzroys is delighted to offer this rare retail investment located at Rear, 202 Carlisle Street Balaclava for sale by Public Auction on Thursday 28th July at 11am on site.

The key attributes of this offering include:

• Ultimate ‘Hidden Gem’ retail investment
• Leased to popular café/eatery ‘‘Monk Bodhi Dharma’
• New 7 + 7 + 7 year lease from April 2022
• Fixed 4% annual increases
• Returning $55,509* pa plus outgoings and GST
• Direct laneway access to Carlisle Street and large public car park servicing Woolworths and Coles
• Trendy internal layout of 55sqm* -Surrounded by a host of established national and local traders including full line Coles and Woolworths Supermarkets, Vintage Cellars, Chemist Warehouse, Priceline, Balaclava Hotel, Grill’d, Yochi and more
• Rare high yielding opportunity within the heart of the Balaclava dynamic retail and lifestyle precinct.