168-170 Rathdowne Street,
Carlton, VIC 3053
Shops & Retail
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CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
168-170 Rathdowne Street
Carlton, VIC 3053
Map of 168-170 Rathdowne Street
DOUBLED FRONTED RATHDOWNE STREET FREEHOLD INVESTMENT LEASED TO HOSPITALITY INSTITUTION
- Double frontage freehold
- 100% leased to the Olive Jar
- Situated near the Lygon Street precinct
+ 100% leased to the Olive Jar, icon of the inner north with 60+ years hospitality experience
+ Providing a net annual income of $62,337*^ + GST + Outgoings (after land tax) with fixed 3% rental increases annually
+ Versatile 179sqm* retail/residential building with prime 8m* double frontage to Rathdowne Street and the flexibility of rear lane access
+ Rear access provides the current tenant the ability to re-stock without impacting customer experience (sought after by retailers), additionally the separate access can be used to access the level 1 residence
+ Embraced by the ever-vibrant buzz of Melbourne’s city edge, located moments from Melbourne University, the Lygon Street precinct and within a short stroll to public transport and parklands
+ Held within one of Melbourne’s most tightly held and affluent retail and residential areas
For information please contact the exclusive sales and marketing agents:
Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
*approx
^Forecasted as at December 2019
+ Providing a net annual income of $62,337*^ + GST + Outgoings (after land tax) with fixed 3% rental increases annually
+ Versatile 179sqm* retail/residential building with prime 8m* double frontage to Rathdowne Street and the flexibility of rear lane access
+ Rear access provides the current tenant the ability to re-stock without impacting customer experience (sought after by retailers), additionally the separate access can be used to access the level 1 residence
+ Embraced by the ever-vibrant buzz of Melbourne’s city edge, located moments from Melbourne University, the Lygon Street precinct and within a short stroll to public transport and parklands
+ Held within one of Melbourne’s most tightly held and affluent retail and residential areas
For information please contact the exclusive sales and marketing agents:
Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
*approx
^Forecasted as at December 2019
Property ID: 503382822Last Updated: 15 Oct 2021
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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