526 Swanston Street,
Carlton, VIC 3053

In a high foot traffic position on the corner of Queensbury Street, midway between Melbourne University and RMIT University, this 128sqm commercial space enjoys maximum exposure from its ground floor position and approximately 31-metre frontage.

A prominent position in the centre of a high-density residential precinct filled with student accommodation, businesses can profitably trade 7 days a week with the confidence that there is consistently high demand from tourists, workers and students.

Currently equipped for hospitality with a commercial-grade kitchen, office, counters and extensive restaurant space, its 3-year lease was recently renewed on January 1st, 2025. Rent is $122,556 plus GST per annum ($10,213 plus GST per month). Each successive year sees a rental increase of 4 per cent per annum, and there are two further terms of 3 years each.

A strong acquisition for a self-managed super fund, boutique business or commercial investor, the tram at the door travels straight into the heart of the CBD. Just around the corner from Lygon Street's world-renowned dining precinct, this is the reliable investment you've been waiting for.

- Prominent ground floor commercial space
- On the corner of Queensbury Street
- 128 sqm floorplan with approximately a 31-metre frontage
- Currently leased for hospitality
- The security of locked-in rental increases
- Metres from universities, transport and Lygon Street

Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent. We always recommend undertaking your own due diligence.