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70 Speakmen Street Kensington, VIC 3031

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70 Speakmen Street,
Kensington, VIC 3031

Shops & Retail • Other

Key property information

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
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 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)965 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
    Gatehouse Dr/Smithfield Rd (Kensington)493 m
    Jamieson AveBallarat Rd Footscray565 m
    Hobsons Rd/Kensington Rd (Kensington)601 m
    Childers St/Kensington Rd (Kensington)601 m
    156 Kensington Rd648 m
    POWERED BY HERE ©
POWERED BY HERE ©

GOOD RETURN + SECURE TENANT

  • Substantial Freehold of 180sqm*
  • Extra Titled Area - Outdoor (Front/Rear)
  • Secure Long Lease
Aston Grange are delighted to offer 70 Speakmen Street, Kensington for sale.

Surrounded by parkland, ample parking and just a short stroll to Flemington Racecourse, Maribyrnong River, shops and train station, this property is a premium retail investment opportunity located within a mixed-use development featuring OVER 180 residential apartments.

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 Plus extra Titled Land
- 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.

To Obtain Further Information Contact:

Hayden Ali Mob: 0401 888 9...

* Measurements are approximate and interested parties should conduct their own feasibility analysis.

Kensington, 3031 demographic data

The median household income for Kensington is $2,216, 17% higher than Greater Melbourne's household income of $1,901. Kensington has a younger age profile compared to the rest of Greater Melbourne (median age 35 vs 37). Property ownership data shows 61% of property owners in Kensington have a mortgage.

10,745
Population
$2,216 per week
Median household income
35 years
Median age
Renters
Most residents
Families
Most households
04018889...
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70 Speakmen Street
Kensington, VIC 3031
Aston Grange
4/460 Collins Street
MELBOURNE, VIC 3000