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Gross Waddell ICR Pty Ltd - Melbourne

43 Rose Street Essendon, VIC 3040

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43 Rose Street,
Essendon, VIC 3040

Shops & Retail • Offices

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Sale - Auction Thu 20 Jun

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Gross Waddell ICR Pty Ltd - Melbourne
Raff De Luise

Gross Waddell ICR Pty Ltd - Melbourne

Level 1, 30 Collins Street
MELBOURNE, VIC 3000
04185336...
Gross Waddell ICR Pty Ltd - Melbourne
43 Rose Street
Essendon, VIC 3040

Map of 43 Rose Street

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  • Train stations within 5 km of 43 Rose Street, Essendon, VIC 3040Distance
    Essendon Station62 m
    Glenbervie Station1.1 km
    Moonee Ponds Station1.2 km
    Strathmore Station1.7 km
    Ascot Vale Station2.2 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 43 Rose Street, Essendon, VIC 3040Distance
    42-Grice Cres/Mt Alexander Rd (Essendon)346 m
    42-Shamrock St/Mt Alexander Rd (Essendon)350 m
    40-Nicholson St/Fletcher St (Essendon)479 m
    39-Hoddle St/Fletcher St (Essendon)637 m
    44-Thorn St/Mt Alexander Rd (Essendon)894 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 43 Rose Street, Essendon, VIC 3040Distance
    Essendon Railway StationRose St40 m
    St Columba's College/Buckley St (Essendon)151 m
    Lorraine St/Buckley St (Essendon)294 m
    Shamrock St/Richardson St (Essendon)298 m
    Buckley StMt Alexander Rd326 m
    POWERED BY HERE ©
POWERED BY HERE ©

FABULOUS VERSATILE RESTAURANT & FUNCTION CENTRE

  • Vacant Possession or with a Lease
  • Building Area 205 sqm*
  • Commercial 1 Zone
Gross Waddell ICR and Richard Cookesley are pleased to offer 43 Rose Street, Essendon to the market. The property is offered either with vacant possession or with a lease option, which offers greater flexibility and opportunity for prospective buyers.

Property Highlights:

• Building Area: 205 sqm*
• Land Area: 345 sqm*
• Commercial 1 Zone (C1Z)
• Offered with Vacant Possession or with a Lease

Lease Details:

• Tenant: Known as The Last Stop Wine Bar and Restaurant
• Rent: $89,000* p.a. + GST + Outgoings
• Term & Option: 5 + 5 Years
• Reviews: 2% Annual Increase or CPI which ever is greater
• Commencement Date: 1st March 2020
• Outgoings $11,075* paid by tenant including land tax
• Permitted fir 150 patrons and outdoor dining

Property Description:

• Well positioned in a highly sought-after retail strip, surrounded by well-known cafes such as Rose St Café, Benny and Me, and Bowl's Baby.
• These are well-established businesses with high profiles, featured on many TV shows.
• Situated opposite the Essendon railway station and bus stop, with trams just a short stroll from the retail strip.
• The shop enjoys a substantial permit for outdoor dining on the front footpath, with good cover, sun shelters, and heating.
• The rear has been recently extended into a function space, supported by excellent new modern toilet facilities.
• The kitchen is well equipped with excellent commercial features, including two large cool rooms and stainless steel preparation space.
• The fitout includes a full bar facility and a front counter for bottle shop retail sales.

For Sale via Public On-site Auction on Thursday 20th June at 12:00pm.

*approx

For more information or organise an inspection, please contact below agents directly.

Raff De Luise 0418 533 6...
Richard Cookesley 0488 756 222

Property ID: 504597564Last Updated: 14 Jun 2024

Gross Waddell ICR Pty Ltd - Melbourne
Level 1, 30 Collins Street
MELBOURNE, VIC 3000
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