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522 Macaulay Road Kensington, VIC 3031

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522 Macaulay Road,
Kensington, VIC 3031

Shops & Retail

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$1,450,000

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HIGH-PROFILE INVESTMENT / RETAIL OPPORTUNITY

In the heart of Kensington Village, this unique property (shopfront and residence/office above) presents an environment of space and versatility making it ideal for business owners and investors alike. Currently operating as a popular restaurant, the property is securely leased at $27K + GST + outgoings (indexed) until April 2019 with no options in place. With approx 150sqm of total floor space, features include a large downstairs retail/restaurant area, kitchen space, storeroom, north-facing courtyard with staff amenities and ROW access. Upstairs: residence or office comprising 4 principal rooms and bathroom. Complete with Commercial 1 Zoning (C1Z), it's also walking distance to local schools, recreational facilities and Kensington Station (2 stops to the CBD). Land size approx 182sqm.

Property ID: 502601390Last Updated: 24 May 2018

03 9419 55...
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522 Macaulay Road
Kensington, VIC 3031

Detailed listing

Nelson Alexander Commercial - FITZROY
187 Gertrude St
FITZROY, VIC 3065

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