A-GRADE INVESTMENT IN ALBERT PARK’S BEST LOCATION

Fitzroys is delighted to offer Gum Tree Good Food, 87- 89 Dundas Place, Albert Park for sale by Auction on Friday 4th December at 2pm on site.

Key attributes of this investment include:

•  Situated in the most sought-after position within Albert Park shopping village – immediately neighbouring Albert Park Hotel, Mecca, Laurent and Woolworths

•  Securely leased until 2030 (with 2 further options of 7 years)

•  Strong covenant with leading independent grocer ‘Gum Tree Good Food’- trading from this location since 2012

•  Returning $327,818* per annum + GST and outgoings with fixed annual increases

•  Impressive modern ground floor retail premises with additional preparation area, goods lift and storage facilities – totalling 348sqm*

•  Extensive frontage of over 10 metres to high foot traffic precinct

•  Three (3) off street car spaces on title accessed via Dundas Lane

•  Ultra attractive low land tax liability

•  Situated amongst other leading retailers and hospitality venues including Country Road, Assembly Label, ELK, Husk, Dundas and Faussett, Village Wine Bar, Pony Boy and more

•  Abundance of public car parking available and underpinned by excellent transport services, excellent lifestyle amenity and a strong local demographic

•  Rare high yielding set and forget investment in one of Melbourne’s best shopping strips known for its long history of low vacancies and strong rental levels

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

*Approx.