478-482 Victoria Street,
North Melbourne, VIC 3051

- Quality CBD fringe location
- Building area 400m2 approx.
- Current rental $111,136.46 p/a + GST + Outgoings with fixed 4% annual increases
- Five (5) year lease commenced May 2014 with four (4) options of five (5) years each
- High quality fit out including a fully equipped commercial kitchen
- Extensive inventory remaining the possession of the owner
- 19 metre approx. frontage to Victoria Street
- A fantastic opportunity to own retail property leased to a quality tenant
- Well serviced by public transport with major tram routes running along Victoria street

Ray White Commercial are pleased to offer this opportunity to purchase an investment property currently operated by a well-known restaurant operator, with late night liquor license seating 130 people, fully fitted commercial kitchen and multi-level layout and prestigious fit out.

This outstanding 400m2 approx. building on the ground floor of busy Victoria Street boasts great exposure with a 19m approx. frontage. Minutes away from Queen Victoria Market, Spencer Street, Citylink, and the CBD. This property would be a proud addition to any investment portfolio.

**Inspect on Wednesdays from 3:30-4:30pm**

AUCTION Thursday 29th September 2016 @ 1:00pm - On Site



George Kelepouris 0425 798 6...
Paul Rizzo 0418 688 888