A Standout Freehold Investment With Future Upside

Fitzroys is delighted to offer an exceptionally well-presented, well-proportioned hospitality building located at 26-28 Cotham Road, Kew for sale via Expressions of Interest closing Thursday 30th March at 3pm.

Features of this impressive opportunity include:

• Commanding two storey building of 635sqm* plus onsite parking
• Generous site area of 515sqm* with rear access
• Expansive triple street frontage of 17.13* metres
• 6 x 6 x 6 year lease to experienced hospitality tenant
• Trading as “Cotham Dining” and “Nazar Wine Bar” (tenant operates 2 businesses under the 1 lease)
• Returning $196,266* per annum plus GST (as at 15.11.23)
• Immaculately refurbished building with internal passenger lift plus separate kitchen and bar on each level
• Ground Floor comprises restaurant and wine bar with a separate First Floor function room
• Central Kew Junction position, surrounded by leading local and national tenants including Toscano’s, Leo’s Fine Food & Wine, Woolworths, Woodfrog Bakery, Commonwealth Bank and The Skinny Dog.
• Close to leading Melbourne schools including Xavier College, Methodist Ladies College, Trinity Grammar and more
• Excellent public transport at doorstep including the 109 & 34 Tram and the 624 Bus
• Within the Kew Junction Activity Centre with allowable height of up to 18 metres (STCA)
• Rare opportunity to invest or landbank in a prestigious inner East location

26-28 COTHAM ROAD, KEW – FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 30th MARCH AT 3PM.

*approx.