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161-163 Nicholson Street Carlton, VIC 3053

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161-163 Nicholson Street,
Carlton, VIC 3053

Shops & Retail • Hotel, Motel & Leisure

Price information

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$1,350,000

Key property information

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Map of 161-163 Nicholson Street

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Well Established Restaurant with Upstairs Apartment- TOTAL NETT RETURN $93,776.24

This property offers two tenancies in one. The ground floor is tenanted by a well established restaurant with a 6 year lease. The one bedroom apartment upstairs has a separate entrance and is also leased.

Restaurant Ground Floor
- 6 + 6 Year Lease (Casa Farro)
- Fixed 4% Annual Increases and Market Review
- Rental $73,116.24 PA Nett

Garage rental $3,500 PA Nett

Upstairs Apartment
- 1 bedroom apartment
- Separate Entrance
- Rental $ 17,160 PA Nett

For Further Commercial or Industrial needs contact ICR Property Group.

Raff De Luise 0418 533 633

Guy Naselli 0413 750 744

Property ID: 5768150Last Updated: 3 Mar 2021

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161-163 Nicholson Street
Carlton, VIC 3053
Gross Waddell ICR - Commercial
Level 1, 30 Collins Street
MELBOURNE, VIC 3000

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