CVA Property Consultants in conjunction with Killen Thomas are pleased to offer you the opportunity to secure this unrivalled investment opportunity.

The property is subject to a ten (10) + five (5) + five (5) year lease to Capwise Events Pty Ltd which commenced on 1st January 2011. The property currently returns $59,428.47 per annum net plus GST and is being utilised as a commercial kitchen facility for Crave Catering.

Crave Catering has been servicing corporate clients and individuals in Melbourne since 1994. Each year Crave Catering has grown from strength to strength and is now one of Melbourne’s finest caterers. Their repertoire extends beyond the daily working lunches and professional boardroom catering - to finger food cocktail parties, sit-down dinners and larger style event catering. Crave Catering caters for all aspects of an event including food, alcohol, staffing, equipment, theming, entertainment and security.

The property comprises a two-level office/showroom and commercial kitchen totalling 407m2 (approx). The tenant has spent a considerable amount of money enhancing the property including the installation of glass partitioned offices, mezzanine with offices, storage and change rooms, additional amenities, security system, and commercial kitchen incorporating 2 cool rooms, freezer, 2000L grease trap, evaporative cooling system, 10 bay exhaust canopy, 3-phase power (92amps per phase) and industrial gas connection. Additional features include 1 container height roller shutter door and 4 car spaces on title. The fit out will remain and become the possession of the landlord at the conclusion of the lease agreement.

Make the most of a rare opportunity in one of Melbourne's most sought after suburbs. Richmond has continued its amazing transformation and shows no signs of stopping as it fast becomes a true cultural hub. The enviable location just 2.2 kilometres (approx) from the Melbourne Central Business District and is ideally located just metres from tram services along Church Street, and close to North Richmond and West Richmond Railway Stations.

Enquire today.

Bradley Ellul of CVA Property Consultants on 0418 136 612
David Marks of Killen Thomas on 0418 361 9...

Auction - Wednesday 25th March 2015 at 12pm on site

Open for inspection - Mon 2/03/2015 2.30pm-3.00pm, Wed 4/03/2015 4.00pm-4.30pm, Mon 9/03/2015 2.30pm-3.00pm, Wed 11/03/2015 4.00pm-4.30pm, Mon 16/03/2015 2.30pm-3.00pm, Wed 18/03/2015 4.00pm-4.30pm & Mon 23/03/2015 2.30pm-3.00pm.