34 Errol Street, NORTH MELBOURNE
overview
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1P0064
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Retail
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Sold
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230 sqm
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135 sqm
Description
The possibilities are limitless!
This securely leased double storey shop, currently tenanted by 'KL Bunga Raya (Singaporean/Malaysian Restaurant), offers exceptional returns and consistent investment success in the heart of the Errol Street shopping strip (Zoned Business 1).
High volume pedestrian traffic, a prominent profile, ample retail and storage space and Victoria Street contribute to on-going appeal on 135sqm(1453sqft) approx.
Generous sales and display area is complemented by a large upstairs storage space while to the rear, additional storage, kitchen and bathroom facilities.
Lease 1/2/2010 -1/2/2015 with one x further 5 year option. The Current Rent is $48869.40 inc GST. Outgoings, including water, council rates, building insurance and $10m public liability insurance paid by tenant.
This landmark Victorian building offers unique scope for commercial, professional or residential conversion - or a combination of all three.The corner shopfront suggests a range of retail/office/showroom or cafe/restaurant options.
An outstanding investment opportunity in North Melbourne's best precinct. One of the strip's most significant opportunities in years.
For more information please contact Winny Ni 0433 731 528
High volume pedestrian traffic, a prominent profile, ample retail and storage space and Victoria Street contribute to on-going appeal on 135sqm(1453sqft) approx.
Generous sales and display area is complemented by a large upstairs storage space while to the rear, additional storage, kitchen and bathroom facilities.
Lease 1/2/2010 -1/2/2015 with one x further 5 year option. The Current Rent is $48869.40 inc GST. Outgoings, including water, council rates, building insurance and $10m public liability insurance paid by tenant.
This landmark Victorian building offers unique scope for commercial, professional or residential conversion - or a combination of all three.The corner shopfront suggests a range of retail/office/showroom or cafe/restaurant options.
An outstanding investment opportunity in North Melbourne's best precinct. One of the strip's most significant opportunities in years.
For more information please contact Winny Ni 0433 731 528
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