Sale Circa 5% return
Key property information
• Floor area 155 m².
• Land area 143.5 m².
• Leased till December 2029.
Leased to an established trader – since 2018, on a recently renewed 5 year lease at a modest $49,400 per annum gross.
Situated towards the beach end of the strip and forming part of O’Brien Terrace the main improvements occupy ~50% of the site of the 143.5m² site which has rear access via Graham Street.
Expression of interest sale concluding Noon 4 June 2026 if not sold prior.
Further particulars call Simon Regan 0412 059 900.
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Level 7, 41 Exhibition Street, Melbourne 3000
Tel: 03 9654 3022
Tel: 03 9817 1144
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