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116 Martin Street Brighton, VIC 3186

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116 Martin Street,
Brighton, VIC 3186

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10 YEAR NET LEASE TO HUGELY POPULAR BRIGHTON CAFE - 'ST MARTINS BRIGHTON’

  • Favourable 10-year lease
  • Prime 178sqm* retail premises
  • Net annual income of $95,228*
+ Favourable 10-year lease to highly rated hospitality tenant St Martins Café (7+ years remaining) with fixed 4% annual rental increases

+ Prime 178sqm* retail premises with 2 on-title car parks & basement storage plus 16+ metres of Martin Street frontage, providing unrivalled exposure for St Martins Café Brighton

+ Providing a net annual income of $95,228* (after land tax)^ + GST + Outgoings

+ Benefiting from high levels of foot traffic driven through a prime Martin Street retail village position walking distance to Gardenvale Train Station (150m*) and nearby school Star of the Sea College

+ Positioned on the best side of Martin Street with a sought-after and light filled north facing façade ideal for retail, hospitality and outdoor seating

+ Future growth for the popular street is supported by a number of ‘under construction’ or ‘approved’ surrounding residential developments

For further information please contact the exclusive sales and marketing agents at CBRE:

Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au


*approx
^Based on a single holding basis

Property ID: 503314586Last Updated: 1 Dec 2021

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116 Martin Street
Brighton, VIC 3186
CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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