194 Bridport Street,
Albert Park, VIC 3206
Shops & Retail
Key property information
Land area
Floor area
Tenure type
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Gorman Commercial Real Estate
L1 /415 Riversdale RoadHAWTHORN EAST, VIC 3123
194 Bridport Street
Albert Park, VIC 3206
Map of 194 Bridport Street
TROPHY ALBERT PARK INVESTMENT LEASED TO PUBLICLY LISTED COUNTRY ROAD GROUP
- Leased to publicly listed tenant
- Set and forget retail investment
- Strong rental income
Gorman Commercial is pleased to present this extremely rare opportunity to buy an prime Albert Park freehold within arguably Melbourne’s best & most tightly held retail shopping strips.
Key property features:
* First time offered in 60 years
* Five (5) year lease to publicly listed Country Road Group, trading as Trenery
* National tenant – Blue-chip lease covenant
* Excellent holding income with potential future rental uplift
* Immaculately presented two-level building of 185 sqm, comprising retail showroom and first floor associated office
* Prime land holding of 165 sqm
* Rear access via Bevan Street
* Fixed 3% per annum rental reviews
* Surrounded by high quality tenants such as Country Road, Cable, Mecca, Woolworths, Laurent, Ned’s, Vintage Cellars, Dundas and Faussett, Albert Park Hotel, Gumtree Good Foods and many more.
194 Bridport Street, Albert Park is for sale by Auction on Thursday 18th September at 12pm on-site.
Key property features:
* First time offered in 60 years
* Five (5) year lease to publicly listed Country Road Group, trading as Trenery
* National tenant – Blue-chip lease covenant
* Excellent holding income with potential future rental uplift
* Immaculately presented two-level building of 185 sqm, comprising retail showroom and first floor associated office
* Prime land holding of 165 sqm
* Rear access via Bevan Street
* Fixed 3% per annum rental reviews
* Surrounded by high quality tenants such as Country Road, Cable, Mecca, Woolworths, Laurent, Ned’s, Vintage Cellars, Dundas and Faussett, Albert Park Hotel, Gumtree Good Foods and many more.
194 Bridport Street, Albert Park is for sale by Auction on Thursday 18th September at 12pm on-site.
Albert Park, 3206 demographic data
The median household income for Albert Park is $2,533, 33% higher than Greater Melbourne's household income of $1,901. Albert Park has an older age profile compared to the rest of Greater Melbourne (median age 46 vs 37). Property ownership data shows 38% of property owners in Albert Park have a mortgage.
6,044
Population
$2,533 per week
Median household income
46 years
Median age
Owners
Most residents
Families
Most households
Gorman Commercial Real Estate L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
HAWTHORN EAST, VIC 3123
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