Kelemen Commercial Property is delighted to offer to the market Retail
Shops 1 & 2, 50 Albert Road, South Melbourne 3205

Key property highlights include:

* Tenant: “Kettle Black” restaurant/cafe, an institution for the iconic Melbourne brunch.
* Tenancy area: : 189m2, 2 levels plus outdoor alfresco dining area.
* Lease terms: Securely leased for the next 7 years (which coincides with the completion of Anzac Station) plus further terms
* Rental income: $180,000 per annum + GST + Outgoings
* Rent increase: 4% per annum.
* Fully fitted cafe premise with excellent street exposure
* Next to St Kilda Road/Domain Interchange.
* Strategically located at the new Anzac Station entrance
* Conveniently located near to Albert Park Lake and Botanical Garden

For sale by public on-site Auction
Wednesday 8 August 2018 at 2.00 pm

For further information or to arrange an inspection;
www.kettleblack.kelemen.com.au