Affordable Retail Investment

Fitzroys is delighted to offer this rare retail investment located at Rear, 202 Carlisle Street, St Kilda (Balaclava) for sale

The key attributes of this offering include:

• Leased to long established (since 2012) and strong trading café ‘Monk Bodhi Dharma’
• New 7 + 7 + 7 year lease from April 2022
• Fixed 4% annual increases
• Returning $55,509* per annum plus outgoings and GST
• Direct laneway access to Carlisle Street and large public car park servicing Woolworths and Coles -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 dynamic retail and lifestyle precinct.

*approx.