85 Bay Street, Port Melbourne SOLD
 
Price: Contact Agent
This property has been sold

DOMINANT CORNER RETAIL INVESTMENT WITH 5 YEAR LEASE AND UPSIDE

Located in the heart of the Bay Street retail strip, with 3 street frontages and surrounded by thousands of residents, this imposing brick shop and dwelling has been occupied since 2004 as a Crust Pizza outlet. The lease has just been renewed for a further five years. Features include: Extended 5 year lease plus 2 options of 5 years; $100,000 pa rent plus usual outgoings and 4% annual rent increases; Large ground floor shop plus generous 1st floor residence with separate entry and rear deck; Flexible Mixed Use zone with potential to live in or develop further (sta); Land 200.9 sqm Gross Building 308sqm (approx) and huge deck.


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James Keep
James Keep

M 0418 569 594
P 03 9646 0812
E jamesk@cayzer.com.au
Type
Sold
Price
Contact Agent
Land Area
201 sqm
Building Area
308 sqm
Inspection Times
No inspection times scheduled
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