- Excellent restaurant premises prominently positioned within Koornang Road’s booming retail and hospitality precinct
- Surrounded by leading National retailers including Woolworths, Aldi, all major Banks and a host of well-regarded eateries
- Leased to popular restaurant tenant trading as Pho66
- Lease term: 7 x 5 x 5 x 5 years
- Rental: $84,872 per annum approx. plus outgoings and GST (from April 2017)
- Land Area: 212m2 approx.
- ​Building Area: 150m2 approx.
- Includes rear access via right of way
- Located metres from the new Carnegie Railway Station currently under construction which is part of the State Government's $5 billion level crossing removal initiative (due for completion in 2017)
- The property’s future value is underpinned by a rapidly growing residential catchment with a major transformation currently underway within the Koornang Road Acitivity Centre with a number of high rise residential developments completed nearby and approximately 15 others in various stages of planning and development
- Zoning: Commercial 1
- Significant future value add potential (stca)
- Outstanding opportunity to invest in one of Melbourne’s most successful and tightly held shopping strips