Retail
170m2
133m2
Commercial 1
HIGH PROFILE FREEHOLD LEASED TO LONG ESTABLISHED LOCAL ICON
Fitzroys is delighted to offer 7 Victoria Avenue, Albert Park for sale via Public Auction on Thursday 16th October at 1pm on site.
Key attributes include:
• Premium hospitality investment within the high performing Albert Park Village, surrounded by popular hospitality venues, boutique and national retailers and an abundance of lifestyle amenity
• Leased to Misuzu’s Japanese Restaurant – one of the city's most popular restaurants and a local institution operating from this location for over 30 years
• Currently returning $114,546* per annum with fixed annual increases
• High-quality improvements featuring a fully functional restaurant over two levels with commercial kitchen, multiple dining areas, bar and private amenities
• Commercial 1 zoned land holding with generous street frontage and rear access via Victoria Lane
• Exceptional surrounding amenity including Albert Park Lake, MSAC, St Vincent Gardens, Gasworks Park, Port Phillip Bay (800m*) and South Melbourne Market
• Ease of access to surrounding suburbs via the Route 1 tram at the property’s doorstep and only 2.5km* from the Melbourne CBD
• A rare opportunity to secure an iconic freehold being offered to the market for the first time in over 40 years, within one of Melbourne’s most affluent and in-demand suburbs.
For further information or an inspection, please contact Fitzroys selling agents Chris Kombi or Tom Fisher
*Approx.
Consultant
Chris Kombi
M: 0438 156 236
E: kombic@fitzroys.com.au
Tom Fisher
M: 0417 980 824
E: fishert@fitzroys.com.au
Retail
170m2
133m2
Commercial 1