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Retail 1, Ground Floor, 167 Queen Street,
Melbourne, VIC 3000
Shops & Retail
Added 4 days ago
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CVA Property Consultants - Melbourne
18-20 Russell StreetMELBOURNE, VIC 3000
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Retail 1, Ground Floor, 167 Queen Street
Melbourne, VIC 3000
Map of Retail 1, Ground Floor, 167 Queen Street
Train stations within 5 km of Retail 1, Ground Floor, 167 Queen Street, Melbourne, VIC 3000 Distance Flagstaff Station 464 m 7-Flagstaff Railway Station/William St (Melbourne City) 501 m Melbourne Central Station 531 m Flinders Street Railway Station 717 m Southern Cross Station 776 m POWERED BY HERE ©Tram stops within 5 km of Retail 1, Ground Floor, 167 Queen Street, Melbourne, VIC 3000 Distance 4-Queen St/Bourke St (Melbourne City) 78 m 5-Bourke St/William St (Melbourne City) 216 m 3-William St/Collins St (Melbourne City) 269 m Elizabeth Stbourke St 283 m 3-William St/Bourke St (Melbourne City) 289 m POWERED BY HERE ©Bus stops within 5 km of Retail 1, Ground Floor, 167 Queen Street, Melbourne, VIC 3000 Distance Bourke St/Queen St (Melbourne City) 77 m Little Bourke St/Queen St (Melbourne City) 97 m Queen St/Lonsdale St (Melbourne City) 144 m Lonsdale StQueen St 153 m Little Collins Street 185 m POWERED BY HERE ©
POWERED BY HERE ©
SEASONED INVESTORS: RESTAURANT FIT FOR A QUEEN (STREET).
POINT OF INTEREST:
A specialised CBD retail asset that’s built up a strong customer following for its sashimi, wagyu, and yakitori, Namoo Izakaya has been attracting the (five) stars from all points of Melbourne and beyond. The renowned Japanese café has recently renewed its agreement with a 10-year lease, beginning on the 1st of May 2023 with a current annual rental of $182,497.91 + GST. There are 4% reviews annually plus a $95,513.32 bank guarantee and personal guarantees. A prime ground-floor location, 180 sqm* of building area, and an office building above housing everything from lawyers and physiotherapy to finance and Snap Print Solutions — this is the commercial market’s signature dish. Bustling with local retail, tech services, coffee stops, and workplace suites, the Adina Apartment Hotel is on one corner and the Hilton is on another. The bus interchange sits here too with 7 different bus routes getting on or off at your doorstep, while the Bourke Street trams are a few minutes walk down the road. As is the convenience of the CBD, three railway stations are also within 750 m* of Namoo — Flinders, Southern Cross, and Flagstaff.
- Leased to renowned Japanese café NAMOO Izakaya.
- $182,497.91 + GST in annual leasing income.
- Recently renewed 10-year lease agreement.
- $95,513.32 bank guarantee + director guarantees.
- Trading 7 days a week with a 2am liquor licence.
- 180 sqm* total ground-floor building area.
- Major bus interchange on the doorstep with 6 bus routes.
- 50 m* from CBUS Property 1-billion mixed use project.
- 10 min* walk to all major CBD Railway Stations.
- NAMOO Japanese - Instagram
POINT OF VIEW:
Some get into the CBD to be a central office dweller, others establish themselves here to feed them. And this crowd favourite will also be the commercial crowd’s top pick for an FY25 portfolio add-on.
*Approx.
Pricing excludes GST
A specialised CBD retail asset that’s built up a strong customer following for its sashimi, wagyu, and yakitori, Namoo Izakaya has been attracting the (five) stars from all points of Melbourne and beyond. The renowned Japanese café has recently renewed its agreement with a 10-year lease, beginning on the 1st of May 2023 with a current annual rental of $182,497.91 + GST. There are 4% reviews annually plus a $95,513.32 bank guarantee and personal guarantees. A prime ground-floor location, 180 sqm* of building area, and an office building above housing everything from lawyers and physiotherapy to finance and Snap Print Solutions — this is the commercial market’s signature dish. Bustling with local retail, tech services, coffee stops, and workplace suites, the Adina Apartment Hotel is on one corner and the Hilton is on another. The bus interchange sits here too with 7 different bus routes getting on or off at your doorstep, while the Bourke Street trams are a few minutes walk down the road. As is the convenience of the CBD, three railway stations are also within 750 m* of Namoo — Flinders, Southern Cross, and Flagstaff.
- Leased to renowned Japanese café NAMOO Izakaya.
- $182,497.91 + GST in annual leasing income.
- Recently renewed 10-year lease agreement.
- $95,513.32 bank guarantee + director guarantees.
- Trading 7 days a week with a 2am liquor licence.
- 180 sqm* total ground-floor building area.
- Major bus interchange on the doorstep with 6 bus routes.
- 50 m* from CBUS Property 1-billion mixed use project.
- 10 min* walk to all major CBD Railway Stations.
- NAMOO Japanese - Instagram
POINT OF VIEW:
Some get into the CBD to be a central office dweller, others establish themselves here to feed them. And this crowd favourite will also be the commercial crowd’s top pick for an FY25 portfolio add-on.
*Approx.
Pricing excludes GST
Property ID: 504639888Last Updated: 18 Jul 2024
CVA Property Consultants - Melbourne18-20 Russell Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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