168-170 Rathdowne Street,
Carlton, VIC 3053

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CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

168-170 Rathdowne Street

Carlton, VIC 3053

Map of 168-170 Rathdowne Street

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DOUBLED FRONTED RATHDOWNE STREET FREEHOLD INVESTMENT LEASED TO HOSPITALITY INSTITUTION

Double frontage freehold
100% leased to the Olive Jar
Situated near the Lygon Street precinct

+ 100% leased to the Olive Jar, icon of the inner north with 60+ years hospitality experience

+ Providing a net annual income of $62,337*^ + GST + Outgoings (after land tax) with fixed 3% rental increases annually

+ Versatile 179sqm* retail/residential building with prime 8m* double frontage to Rathdowne Street and the flexibility of rear lane access

+ Rear access provides the current tenant the ability to re-stock without impacting customer experience (sought after by retailers), additionally the separate access can be used to access the level 1 residence

+ Embraced by the ever-vibrant buzz of Melbourne’s city edge, located moments from Melbourne University, the Lygon Street precinct and within a short stroll to public transport and parklands

+ Held within one of Melbourne’s most tightly held and affluent retail and residential areas

For information please contact the exclusive sales and marketing agents:

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

Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au

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

*approx
^Forecasted as at December 2019

Property ID: 503382822Last Updated: 15 Oct 2021

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CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000