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297 Victoria Street 3 875 pi² Commerce de détail Immeuble Abbotsford, VIC 3067 À vendre
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Positioned in Melbourne’s premier multicultural dining destination and high-density residential catchment.
- Fully leased to a proven hospitality tenant (TungThit) with exceptional local brand equity.
- Supported by excellent public transport, arterial connectivity, and a gentrifying locality benefiting from ongoing commercial and apartment developmen
Résumé de l'annonce
297 Victoria Street represents a trophy corner freehold investment in the vibrant heart of Abbotsford, providing investors with an opportunity to secure long-term income from a premier hospitality tenant in an iconic Melbourne dining precinct. Occupying a 243 m² landholding with a generous floor area of approx. 360 m² across a dual-frontage site, this property delivers unparalleled exposure to Victoria Street and Charles Street, a corridor renowned for its cultural vibrancy and strong foot traffic.
The property is leased to TungThit, a highly regarded and well-established operator known for its loyal customer base, exceptional reputation, and consistent trading performance. The tenancy is secured under a long-term lease of 8 years (commencing Feb 2021) with two 5-year options, complemented by fixed annual rental increases of 3%, ensuring predictable income growth and asset stability for investors.
With over 42 metres of combined street frontage, strong rental covenant, and positioning within a tightly held commercial strip experiencing unprecedented demand, this property is perfectly aligned with premium-grade investment profiles emphasizing certainty, location, and future capital gain potential.
The property is leased to TungThit, a highly regarded and well-established operator known for its loyal customer base, exceptional reputation, and consistent trading performance. The tenancy is secured under a long-term lease of 8 years (commencing Feb 2021) with two 5-year options, complemented by fixed annual rental increases of 3%, ensuring predictable income growth and asset stability for investors.
With over 42 metres of combined street frontage, strong rental covenant, and positioning within a tightly held commercial strip experiencing unprecedented demand, this property is perfectly aligned with premium-grade investment profiles emphasizing certainty, location, and future capital gain potential.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Restaurant
Taille du bâtiment
3 875 pi²
Classe d’immeuble
C
Revenu net d’exploitation
148 225 $ CAD
Location
Unique
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
1,48
Taille du lot
0,06 AC
Façade
Commodités
- Restaurant
1 1
Principaux détaillants à proximité
1 de 9
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
1 de 1
Présenté par
297 Victoria Street
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