399 Macaulay Road,
Kensington, VIC 3031
Shops & Retail • Other
Detailed listing
Key property information
Floor area
Car spaces
Property extent
Tenure type
Sold on
Map of 399 Macaulay Road
Iconic Ground Level Retail Investment ~ High Anticipated Yield of Circa 7%*
- High Yield
- Secure Tenant
- Growth Corridor
To be sold by expressions of interest closing Friday 31 October at 12 noon
Key Investment Highlights include:
- Blue Chip Tenancy:
This property is secured by a head lease with Assemble (MRK Cassette Pty Ltd), featuring a remaining term of four years along with two additional five-year renewal options, providing stability and reliability for investors.
- Stunning Design:
Discover a light-filled hospitality venue featuring bespoke interiors by Six Degrees Architects, all framed by a beautifully restored Art Deco façade designed by the acclaimed architect Harry A Norris.
- Zoning:
Located in a mixed-use zone allowing for the sale of food, beverages, and grocery under lease.
- Sustainability:
100% electric operations and incorporating energy-efficient building systems.
- Exceptional Features:
This iconic 2022-built property showcases an excellent main street position within a vibrant 73-apartment development, offering a fully fitted and currently operational hospitality space perfect for a secure investment.
- Growth Corridor:
Strategically situated opposite a new 362-unit apartment project and close to the "Local Kensington" development, which includes 477 additional residences, plus another 400 apartments in the pipeline – a clear indicator of future growth.
- Connectivity:
Only 3km from Melbourne's CBD, ensuring easy access to the city.
- Accessibility:
Benefit from excellent public transport links, close proximity to Kensington Village, and major road networks.
-Opportunity:
This is a rare chance to invest in a high-yielding asset with stable income in a high-growth neighbourhood in Melbourne's inner northwest. Don’t miss out on this exceptional investment opportunity!
For more information or to schedule a viewing, please contact the exclusive agents:
Quinn Property Co. ~ Marcus Quinn 0439 328 0...
Key Investment Highlights include:
- Blue Chip Tenancy:
This property is secured by a head lease with Assemble (MRK Cassette Pty Ltd), featuring a remaining term of four years along with two additional five-year renewal options, providing stability and reliability for investors.
- Stunning Design:
Discover a light-filled hospitality venue featuring bespoke interiors by Six Degrees Architects, all framed by a beautifully restored Art Deco façade designed by the acclaimed architect Harry A Norris.
- Zoning:
Located in a mixed-use zone allowing for the sale of food, beverages, and grocery under lease.
- Sustainability:
100% electric operations and incorporating energy-efficient building systems.
- Exceptional Features:
This iconic 2022-built property showcases an excellent main street position within a vibrant 73-apartment development, offering a fully fitted and currently operational hospitality space perfect for a secure investment.
- Growth Corridor:
Strategically situated opposite a new 362-unit apartment project and close to the "Local Kensington" development, which includes 477 additional residences, plus another 400 apartments in the pipeline – a clear indicator of future growth.
- Connectivity:
Only 3km from Melbourne's CBD, ensuring easy access to the city.
- Accessibility:
Benefit from excellent public transport links, close proximity to Kensington Village, and major road networks.
-Opportunity:
This is a rare chance to invest in a high-yielding asset with stable income in a high-growth neighbourhood in Melbourne's inner northwest. Don’t miss out on this exceptional investment opportunity!
For more information or to schedule a viewing, please contact the exclusive agents:
Quinn Property Co. ~ Marcus Quinn 0439 328 0...
Kensington, 3031 demographic data
10,745
Population
$2,216 per week
Median household income
35 years
Median age
Renters
Most residents
Families
Most households
399 Macaulay Road
Kensington, VIC 3031
Detailed listing
Assemble - Commercial19 Thompson Street
KENSINGTON, VIC 3031
KENSINGTON, VIC 3031
Quinn Property Co.150 Union Street
WINDSOR, VIC 3181
WINDSOR, VIC 3181
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