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70 Speakmen Street Kensington, VIC 3031

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70 Speakmen Street,
Kensington, VIC 3031

Shops & Retail • Hotel, Motel & Leisure • Other

Price information

Sale

High Yielding

Key property information

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$48,000
Number of Tenants
1 Tenant

Private inspections

to arrange a private inspection.

Map of 70 Speakmen Street

Directions
  • Train stations within 5 km of 70 Speakmen Street, Kensington, VIC 3031Distance
    South Kensington Station1 km
    Flemington Racecourse Station1.1 km
    Kensington Station1.3 km
    Newmarket Station1.4 km
    Footscray Train Station1.5 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 70 Speakmen Street, Kensington, VIC 3031Distance
    29-Ascot vale Rd895 m
    30-Flemington Racecourse/Epsom Rd (Flemington)951 m
    30-Flemington Dr/Epsom Rd (Ascot Vale)970 m
    28-Smithfield Rd/Racecourse Rd (Flemington)1.1 km
    31-Racing Victoria/161 Epsom Rd (Ascot Vale)1.1 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 70 Speakmen Street, Kensington, VIC 3031Distance
    Jamieson Ave/Ballarat Rd (Footscray)565 m
    Childers St/Kensington Rd (Kensington)601 m
    156 Kensington Rd648 m
    Mercantile PdeKensington Rd652 m
    Opp 195 Kensington Rd677 m
    POWERED BY HERE ©
POWERED BY HERE ©

GREAT RETURN SECURE TENANT

  • Substantial freehold of 180sqm*
  • Includes Titled Outdoor front/rear area
  • Secure long lease
Charter Lane are proud to present 70 Speakmen Street, Kensington – a premium retail investment opportunity located within a mixed-use development featuring OVER 180 residential apartments, surrounded by parkland and just a short stroll to Flemington Racecourse, Maribyrnong River, shops and train station.

Securely lease to successful and expanding food retailer with established operations also in the CBD and Highpoint Shopping Centre.

The shop includes additional land at the front and rear for extended dining options.

THE KEY FACTORS ARE:

- Attractive yield
- Long lease to a proven tenant
- 110sqm shop
- Includes extra Titled land at the rear and front of the shop
- Large front and rear open space for expansion of restaurant/café
tables
- 4.5 km’s to CBD (appx)

Further opportunities for expansion are available with outdoor dining options included.

Current rental per annum is $48,000.00 plus GST
Fixed 4% annual increases.

Contact Hayden Ali Mob: 0401 888 9...

Property ID: 504217764Last Updated: 5 Nov 2023

0401 888 9...
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70 Speakmen Street
Kensington, VIC 3031
Charter Lane - MELBOURNE
4/460 Collins Street
MELBOURNE, VIC 3000
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