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Cayzer Real Estate  - Albert Park

85 Bay Street Port Melbourne, VIC 3207

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85 Bay Street,
Port Melbourne, VIC 3207

Shops & Retail • Offices • Development Sites & Land

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DOMINANT CORNER RETAIL INVESTMENT WITH 5 YEAR LEASE AND UPSIDE

Located in the heart of the Bay Street retail strip, with 3 street frontages and surrounded by thousands of residents, this imposing brick shop and dwelling has been occupied since 2004 as a Crust Pizza outlet. The lease has just been renewed for a further five years.
Features include:
Extended 5 year lease plus 2 options of 5 years;
$100,000 pa rent plus usual outgoings and 4% annual rent increases;
Large ground floor shop plus generous 1st floor residence with separate entry and rear deck;
Flexible Mixed Use zone with potential to live in or develop further (sta);
Land 200.9 sqm Gross Building 308sqm (approx) and huge deck.

Property ID: 503267250Last Updated: 16 Oct 2019

Cayzer Real Estate - Albert Park

330 Montague Street
ALBERT PARK, VIC 3206
03 9699 59...
Cayzer Real Estate  - Albert Park
85 Bay Street
Port Melbourne, VIC 3207
Cayzer Real Estate - Albert Park
330 Montague Street
ALBERT PARK, VIC 3206

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