304-306 Carlisle Street,
Balaclava, VIC 3183

Emmetts are delighted to present a remarkable fully leased mixed retail and residential corner freehold, at 304-306 Carlisle Street Balaclava, for sale via Public Auction Thursday 2nd of December at 12:30pm onsite.

Underpinned by a recently renewed lease to ASX listed health and pharmacy group Ramsay Health Care Ltd, this incomparable corner property further benefits from an exceptional location in one of Melbourne’s most sought-after inner-city locations.

Key features include:
+ Dominant corner freehold located in one of Melbourne’s best performing and tightly held strips.
+ Location is surrounded by medium density residential catchment with limited retail space available and significant retailer demand.
+ Fully leased multi let freehold consisting of a retail tenancy and four separate residential units providing diversity and long term security of income.
+ Recently renewed lease on the ground floor retail to Ramsay Pharmacy, a subsidiary of COVID-19 resistant essential services provider ASX listed company Ramsay Health
+ Four modern, oversized and fully leased residential tenancies with strong short term rental growth potential.
+ Six undercover secure car parking spaces
+ Combined income of $209,000 per annum* plus GST
+ Strategic triple fronted landholding of 337 square meters* with combined frontage totalling 55 meters*
+ Outstanding public transport access - within short walking distance to a number of tram routes and Balaclava train station.

For further information, please contact the exclusive sales and marketing agents Emmetts.