Expressions of Interest: 11/03/20263:00 PM

Ground Floor Cafe, 147-149 Cecil Street
SOUTH MELBOURNE, VIC 3205

Property Type
Retail
Building Area
167m2
Car Spaces
2

STYLISH SOUTH MELBOURNE CAFÉ INVESTMENT

Fitzroys is delighted to offer an expansive, high quality café leased investment at 147-149 Cecil Street, South Melbourne for sale via Expressions of Interest closing Wednesday 11th March at 3pm

Key attributes include:

•   5 + 5 + 5 + 5 year lease to popular hospitality operator trading as Lerice
•   Returning $123,171* per annum plus GST
•   Tenant pays all usual outgoings
•   Fixed 4% annual rental increases
•   High quality improvements throughout including an attractive fully fitted café/restaurant, incorporating modern open plan dining area, large street facing windows and full line commercial kitchen
•   Valuable street frontage of over 10 metre with exceptional pedestrian exposure
•   2 secure, garaged car parks on title
•   Brilliant location only metres from major traffic generators South Melbourne Market (5.5 million* visitors annually), Coventry Street and Clarendon Street shopping strips
•   Highly successful commercial precinct supported by a surging resident, worker and visitor population with high disposal income
•   Impressive investment opportunity only 1.4kms* from the CBD

For further information or an inspection, please contact Fitzroys selling agents Chris Kombi or Tom Fisher

*approx.

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Consultant

Chris Kombi

M: 0438 156 236
E: kombic@fitzroys.com.au

Tom Fisher

M: 0417 980 824
E: fishert@fitzroys.com.au

Enquire about property
Property Type
Retail
Building Area
167m2
Car Spaces
2
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