PROPERTY DESCRIPTION
SUPERIOR SHOP AND DWELLING WITH GREAT EXPOSURE
Frank Gordon is delighted to offer an impressive Victorian two-level building comprising of ground floor retail and a self-contained first floor apartment. Bay Street is the main activity centre of Port Melbourne. An iconic tree lined heritage streetscape featuring vibrant retailers and new multi-story residential developments. It’s up-market catchment draws customers from Albert Park, Southbank, and South Melbourne. The precinct offering closeness to Westgate & City Links’, excellent public transport amenity.
The key attributes of this offering include:
• 5-year lease commenced 1/1/2022 + 2X5 year option
• Return $61,800 K NET* (Annual reviews)
• One of Melbourne’s most established retail strips close to Coles, Vintage Cellars
Telstra, Australia Post
• Booming Bayside re-development including Fisherman Bend
• Benefitting from Bay Street & Lalor Street frontage & rear parking
• A short walk to tram 109 on the Port Melbourne light rail, close to the iconic Station Pier
• INTERNAL: 122 sqm* approx LAND: 208 sqm* approx
• Zoned Commercial 1 with land to extend later (STPA)
Please contact the selling agents for further information or to arrange a private tour:
Frank Callaghan
M: 0407 313 753 | E: frankc@frankgordon.com.au
Stephen Yue
M: 0421 795 649 | E: stephen@frankgordon.com.au