Prime Puckle Street Freehold Investment

Fitzroys is delighted to offer a highly sought after two level retail freehold for sale by Public Auction on Thursday 27th October at 1pm on site.

Key attributes include:

• Perfectly positioned within the core of Puckle Street - one of Melbourne’s strongest performing and most valuable retail and lifestyle precincts
• High profile two level building of 180sqm* with onsite car parking
• Land area of 160sqm* with rear access
• Encompassing a ground level Japanese restaurant with dining area, commercial kitchen and storage leading to an expansive four bedroom dwelling with bathroom on level one
• Returning $82,160 per annum plus outgoings and GST
• Renewed 5 + 5 year lease from 1st September 2021
• Surrounded by a host of National retailers including Woolworths, Coles, Chemist Warehouse, Priceline, Kmart, Aldi, Susan, The Reject Shop and many more in addition to all major banks and popular restaurants and cafes
• Close to all modes of public transport including train station (220 metres approx.) and tram and bus interchange (260 metres approx.)
• Located within the epicentre of Moonee Ponds’ building boom, surrounded by over 2,000 apartments in various stages of construction and completion
• Perfectly positioned to benefit directly from the area’s population explosion which is due to continue with further high rise residential developments planned for the area
• Only 7kms north west from Melbourne's CBD
• Rare investment opportunity located in the heart of Moonee Ponds’ surging commercial and residential activity centre

For further details or an inspection, please contact Chris Kombi or Ervin Niyaz