Waterfront Docklands Investment

EOI NOW CLOSED

Fitzroys is delighted to offer this prominent waterfront investment located at 16 and 17/28 NewQuay Promenade, Docklands for sale via Expressions of Interest closing Wednesday 24th August at 2pm.

The key attributes of this offering include:

• Located within Melbourne’s Docklands precinct, headquarters to many of Australia’s leading corporations together with a growing residential population and catchment area
• Highly exposed city fringe investment – Leased to established and popular restaurant ‘‘Solidaire’
• 6+6 year lease from March 2022
• Returning $97,332* per annum plus GST and outgoings
• Extensive frontage to promenade and walkway
• Well-presented premises incorporating indoor and outdoor dining areas
• Modern improvements of 310sqm*
• Fixed 4% annual increases
• Unique opportunity within Dockland’s lifestyle precinct, surrounded by numerous established operators supporting the local population of short stay and permanent residents.
• The precinct also benefits from its convenient location adjacent to the CBD, Southern Cross Station and major attractions including Marvel Stadium

*Approx.