140 Rouse Street,
Port Melbourne, VIC 3207

Fantastic restaurant investment in the heart of Port Melbourne's retail precinct leased until 2016 with options! What are you waiting for?

Port Melbourne is inner city living at its best. You have the beach, public transport, nightlife and cafes at your door step.

Located in the restaurant precinct of Bay and Rouse Street, this area allows a huge selection of restaurants in close proximity to be utilised by the thousands of people living in the surrounding apartments.

140 Rouse Street in Port Melbourne is a wonderful prime restaurant precinct investment that offers buyers the following benefits:

BUILDING BENEFITS
* Modern shop of 127sqm which has been recently refurbished.
* The shop is part of one of Port Melbourne's largest mixed use developments with over 400 apartments within the building.
* Great street frontage which comprises of full length glazed windows with bi-fold doors so open dining can be experienced.
* Included in the purchase is the kitchen exhaust fan, split system air-con unit and cool room.

TENANCY BENEFITS
* Leased to 'India on Bay' on a 5 year term commencing July 1st 2011
* The tenant has 2 further terms of 5 years
* Net rental of $57,200 (as of July 2012)
* Fixed 4% annual increases with market review at exercise of option.
* All outgoings paid for by the tenant
* Only Indian resturant in Port Melbourne

Inspections are strictly by appointment only.

For further information please contact James Glen on 0401 493 2....