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Colliers - Melbourne

'Tokyo 7 Japanese Restaurant' at 228 A’Beckett Street Melbourne, VIC 3000

'Tokyo 7 Japanese Restaurant' at 228 A’Beckett Street,
Melbourne, VIC 3000

Shop & Retail

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Sale - Expression of Interest

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Colliers - Melbourne
'Tokyo 7 Japanese Restaurant' at 228 A’Beckett Street
Melbourne, VIC 3000
Colliers - Melbourne

Colliers - Melbourne

Level 30, 367 Collins Street
MELBOURNE, VIC 3000

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CBD RETAIL INVESTMENT NEXT TO QUEEN VICTORIA MARKET

  • 5 + 5 Year Net Lease
  • Net Income: $102,000 + GST + Outgoings
  • Fastest Growing Pocket of Melbourne
Colliers are pleased to present the opportunity to purchase a prime CBD retail investment at ‘The Istana’, 228 A’Beckett Street, Melbourne with the following key attributes –

- Prominent Melbourne CBD retail investment underpinned by significant high-density development including residential towers, hotels, office buildings and student accommodation

- Fully fitted restaurant premises with grease trap, exhaust and services including a sought-after liquor licence

-Total area of 164m² with prominent street frontage

- 5 + 5 year net lease, fully leased to liquor licenced ‘Tokyo 7 Japanese Restaurant 东京屋’, a popular eat in and late-night take-away restaurant

- Impressive net income of $102,000 + GST + Outgoings p.a. with fixed 4% annual increases, providing strong rental growth

- One of Melbourne’s most densely populated CBD blocks, a thriving laneway position connecting Franklin Street and A’Beckett Street within walking distance of Flagstaff Train Station and Flagstaff Gardens

- Situated at the base of four (4) 20-level plus high-rise buildings with a combined 1,000+ apartments, hotel & student accommodation rooms

- Immediate proximity to Melbourne’s famed Queen Victoria Market (QVM), set to undergo a $90million refurbishment in the near term

An opportunity to purchase a CBD retail investment delivering strong income amidst a record low interest rate environment.

For Sale by International Expressions of Interest closing Tuesday 8th June 2021 at 12pm.

For further information or to arrange an inspection of the property please contact Colliers as the exclusive selling agents

Anthony Kirwan | +61 431 952 430
Chris Ling | +61 419 294 346
Leon Ma 马海翔 | +61 417 070 725

Property ID: 503822650Last Updated: 11 Jun 2021

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Colliers - Melbourne
Level 30, 367 Collins Street
MELBOURNE, VIC 3000
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Chris Ling

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Chris Ling
Colliers - Melbourne
'Tokyo 7 Japanese Restaurant' at 228 A’Beckett Street Melbourne, VIC 3000

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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