11 Commercial Road,
Melbourne, VIC 3004
Shops & Retail
Key property information
Floor area
Car spaces
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Teska Carson Pty Ltd - Richmond
6 Yorkshire StreetRICHMOND, VIC 3121
11 Commercial Road
Melbourne, VIC 3004
Map of 11 Commercial Road
SECURELY LEASED INVESTMENT OPPORTUNITY TO SPUDBAR - 7 YEAR LEASE
- 7 year lease + 5 year option
- Company head lease to SpudBAR
- Densely populated catchment
Teska Carson are pleased to offer SpudBAR, 11 Commercial Road, Melbourne, for Private Sale.
Key attributes of this exceptional opportunity include:
- Brilliant investment that is securely leased to highly popular healthy food business SpudBAR, that has 16 locations throughout Victoria and ACT.
- 7 year lease (commenced September 2022) with further 5 year option
- Annual income of $54,600 + GST & Outgoings
- 5% annual increases
- Two (2) on-title car spaces
- Situated underneath the Chevron Green mixed use development, surrounded by a diverse mix of high performing food and beverage retailers that services local residents and business workers along St Kilda Road and the Alfred Hospital.
- Commercial 1 zoning
- Surrounded by excellent amenity such as Fawkner Park, Albert Park and nearby Botanical Gardens.
- Close proximity to public transport amenities including Tram Routes 72, 3, 5, 6, 16, 64 & 67 and Bus Routes 603 & 604 whilst being only 4 km from Melbourne’s CBD
- Property’s location allows it to benefit from over 42,000+ passing vehicles daily.
Please call for further information or to arrange an inspection.
Luke Bisset 0400 344 2...
Matthew Feld 0415 803 3...
Key attributes of this exceptional opportunity include:
- Brilliant investment that is securely leased to highly popular healthy food business SpudBAR, that has 16 locations throughout Victoria and ACT.
- 7 year lease (commenced September 2022) with further 5 year option
- Annual income of $54,600 + GST & Outgoings
- 5% annual increases
- Two (2) on-title car spaces
- Situated underneath the Chevron Green mixed use development, surrounded by a diverse mix of high performing food and beverage retailers that services local residents and business workers along St Kilda Road and the Alfred Hospital.
- Commercial 1 zoning
- Surrounded by excellent amenity such as Fawkner Park, Albert Park and nearby Botanical Gardens.
- Close proximity to public transport amenities including Tram Routes 72, 3, 5, 6, 16, 64 & 67 and Bus Routes 603 & 604 whilst being only 4 km from Melbourne’s CBD
- Property’s location allows it to benefit from over 42,000+ passing vehicles daily.
Please call for further information or to arrange an inspection.
Luke Bisset 0400 344 2...
Matthew Feld 0415 803 3...
Melbourne, 3004 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
Teska Carson Pty Ltd - Richmond6 Yorkshire Street
RICHMOND, VIC 3121
RICHMOND, VIC 3121
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