PRIME HOSPITALITY INVESTMENT LEASED TO ESTABLISHED MULTI VENUE TENANT

Fitzroys is pleased to offer 279 Carlisle Street, Balaclava for sale by Public Auction on Thursday 29 October at 2pm on site.

Key investment highlights include:

•  Affordable investment positioned within the highly recognised Carlilse Street retail precinct - renowned for quality food and beverage offerings and lifestyle amenity
•  Secure 5 + 5 year lease to established hospitality chain Gopi ka Chatka, with 4 locations across Melbourne
•  Strong annual income of $70,190 + GST and outgoings*, underpinned by attractive fixed 4% annual increases
•  Highly functional two level building featuring a fully fitted commercial kitchen, restaurant/dining area, first floor - accommodation and private outdoor courtyard
•  Commercial 1 Zoned landholding of 142sqm* with valuable rear access via Westbury Close
•  Strategically surrounded by quality national and local retailers including Coles, Woolworths, Grill’d, Hunky Dory, Yo-Chi, Schnitz, Moonhouse, Glick’s Bakery and more
•  Exceptional nearby amenity including Balaclava Train Station, St Kilda Beach and Foreshore, Rippon Lea Estate and St Kilda Botanical Gardens

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

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