JoJo Little Kitchen 120 A'Beckett Street,
Melbourne, VIC 3000
Shops & Retail • Offices • Other
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REVISED PRICE | $1,300,000
- Longstanding & popular tenant
- 5+5 year NET lease
- High growth development precinct
CBRE Melbourne are delighted to present For Sale a high quality retail investment in one of the Melbourne CBD's most tightly held and high-growth precincts.
This attractive entry level Melbourne CBD retail investment can be summarised by the following key features:
+ Offered fully leased to longstanding Malaysian restaurant 'Jojo Little Kitchen' on a 5+5 year net lease returning $78,676 + outgoings (As of Oct-25) per annum with 3% fixed annual increases
+ Located on the ground floor of SP Setia's established 'Fulton Lane' development comprising 804 residential apartments running between A'Beckett Street and Franklin Street completed in 2015
+ Benefitting from rare outdoor seating permit supporting strong overflow dinner trade, full commercial kitchen and excellent floor to ceiling windows
+ Located in the heart of the Melbourne CBD's university precinct surrounded by the highest density of residential and student accommodation towers with immediate access to Elizabeth Street tram network and Melbourne central Train Station
+ Set to benefit from two upcoming landmark developments in Journal & Brookfield's 39-level 100 Franklin Street project delivering 1,038 student beds as well as Lendlease's transformative Queen Victoria Market redevelopment with 1,151 student beds as well as over 43,000 square metres of office across the three towers
This is your chance to secure an entry level Melbourne CBD retail investment secured by a longstanding tenant in a high-growth precinct.
For further information please contact the exclusive sales and marketing agents at CBRE:
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 116 (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)
*Denotes Approx.
This attractive entry level Melbourne CBD retail investment can be summarised by the following key features:
+ Offered fully leased to longstanding Malaysian restaurant 'Jojo Little Kitchen' on a 5+5 year net lease returning $78,676 + outgoings (As of Oct-25) per annum with 3% fixed annual increases
+ Located on the ground floor of SP Setia's established 'Fulton Lane' development comprising 804 residential apartments running between A'Beckett Street and Franklin Street completed in 2015
+ Benefitting from rare outdoor seating permit supporting strong overflow dinner trade, full commercial kitchen and excellent floor to ceiling windows
+ Located in the heart of the Melbourne CBD's university precinct surrounded by the highest density of residential and student accommodation towers with immediate access to Elizabeth Street tram network and Melbourne central Train Station
+ Set to benefit from two upcoming landmark developments in Journal & Brookfield's 39-level 100 Franklin Street project delivering 1,038 student beds as well as Lendlease's transformative Queen Victoria Market redevelopment with 1,151 student beds as well as over 43,000 square metres of office across the three towers
This is your chance to secure an entry level Melbourne CBD retail investment secured by a longstanding tenant in a high-growth precinct.
For further information please contact the exclusive sales and marketing agents at CBRE:
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 116 (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)
*Denotes Approx.
Melbourne, 3000 demographic data
The median household income for Melbourne is $1,448, 24% lower than Greater Melbourne's household income of $1,901. Melbourne has a younger age profile compared to the rest of Greater Melbourne (median age 29 vs 37). Property ownership data shows 47% of property owners in Melbourne have a mortgage.
54,941
Population
$1,448 per week
Median household income
29 years
Median age
Renters
Most residents
Singles
Most households
JoJo Little Kitchen 120 A'Beckett Street
Melbourne, VIC 3000
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MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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