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11 Commercial Road,
Melbourne, VIC 3004
Shops & Retail
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Teska Carson Pty Ltd - Richmond
6 Yorkshire StreetRICHMOND, VIC 3121
![Teska Carson Pty Ltd - Richmond](https://i1.au.reastatic.net/170x46-fit/37624c31d71c929bc0dbc7703fd8fe3820f261e8a48d173cee813f31b2d1fd0f/large.jpg)
11 Commercial Road
Melbourne, VIC 3004
Map of 11 Commercial Road
SECURELY LEASED INVESTMENT OPPORTUNITY TO SPUDBAR - 7 YEAR LEASE
- 7 year lease + 5 year option
- Company head lease to SpudBAR
- Densely populated catchment
Teska Carson are pleased to offer SpudBAR, 11 Commercial Road, Melbourne, for Private Sale.
Key attributes of this exceptional opportunity include:
- Brilliant investment that is securely leased to highly popular healthy food business SpudBAR, that has 16 locations throughout Victoria and ACT.
- 7 year lease (commenced September 2022) with further 5 year option
- Annual income of $54,600 + GST & Outgoings
- 5% annual increases
- Two (2) on-title car spaces
- Situated underneath the Chevron Green mixed use development, surrounded by a diverse mix of high performing food and beverage retailers that services local residents and business workers along St Kilda Road and the Alfred Hospital.
- Commercial 1 zoning
- Surrounded by excellent amenity such as Fawkner Park, Albert Park and nearby Botanical Gardens.
- Close proximity to public transport amenities including Tram Routes 72, 3, 5, 6, 16, 64 & 67 and Bus Routes 603 & 604 whilst being only 4 km from Melbourne’s CBD
- Property’s location allows it to benefit from over 42,000+ passing vehicles daily.
Please call for further information or to arrange an inspection.
Luke Bisset 0400 344 2...
Matthew Feld 0415 803 3...
Key attributes of this exceptional opportunity include:
- Brilliant investment that is securely leased to highly popular healthy food business SpudBAR, that has 16 locations throughout Victoria and ACT.
- 7 year lease (commenced September 2022) with further 5 year option
- Annual income of $54,600 + GST & Outgoings
- 5% annual increases
- Two (2) on-title car spaces
- Situated underneath the Chevron Green mixed use development, surrounded by a diverse mix of high performing food and beverage retailers that services local residents and business workers along St Kilda Road and the Alfred Hospital.
- Commercial 1 zoning
- Surrounded by excellent amenity such as Fawkner Park, Albert Park and nearby Botanical Gardens.
- Close proximity to public transport amenities including Tram Routes 72, 3, 5, 6, 16, 64 & 67 and Bus Routes 603 & 604 whilst being only 4 km from Melbourne’s CBD
- Property’s location allows it to benefit from over 42,000+ passing vehicles daily.
Please call for further information or to arrange an inspection.
Luke Bisset 0400 344 2...
Matthew Feld 0415 803 3...
Property ID: 504507004Last Updated: 28 Mar 2024
Teska Carson Pty Ltd - Richmond6 Yorkshire Street
RICHMOND, VIC 3121
RICHMOND, VIC 3121
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