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Emmetts - Melbourne

229-237 Carlisle Street Balaclava, VIC 3183

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229-237 Carlisle Street,
Balaclava, VIC 3183

Shop & Retail • Development Sites & Land • Hotel & Leisure

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Emmetts - Melbourne
229-237 Carlisle Street
Balaclava, VIC 3183
Emmetts - Melbourne

Emmetts - Melbourne

Level 7, 24 Collins Street
MELBOURNE, VIC 3000

Map of 229-237 Carlisle Street

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BALACLAVA's BEST RETAIL CORNER - AN INTER-GENERATIONAL INVESTMENT OPPORTUNITY

  • NORTH FACING CARLISLE STREET CORNER
  • STRONG PERFORMING RETAIL LOCATION
  • FULLY LEASED BLUE CHIP INVESTMENT
Emmetts is pleased to present to the market by way of Public Onsite Auction a rare opportunity to secure what is arguably Balaclava's best retail corner.

Situated in a highly sought after and geographically confined retail strip surrounded by a medium density residential catchment, this is an extremely rare opportunity to secure a major corner on one of Melbourne's most tightly held and coveted retail strips.

Investment Considerations:

+ High visibility location on the North facing side of Carlisle Street

+ Significant 38 metre* retail frontage with a 20 metre* frontage to Carlisle Street and an 18 metre* frontage to William Street.

+ Anchored by both Coles and Woolworths supermarkets plus an impressive array of local and national retailers.

+ Limited Retail space available with significant retailer demand.

+ Rare corner freehold in blue chip location on one of Melbourne's best performing retail strips.

+ Land Area of 368 sq m*

+ Building area of 515 sq m*

+ Fully leased to three established tenants on long leases.

+ Combined income of $262,260 per annum* plus outgoings plus GST (as at 1st Dec 2019) with fixed annual rental increases and strong market growth potential.

+ Impressive 2 level building with major street frontages to both Carlisle Street and William Street.

+Future development potential (STPA)

+ Excellent transport accessibility including trains via Balaclava Station on the Sandringham line and multiple bus and tram routes passing the property.

* denotes approx.

For further information, contact the exclusive sales and marketing agents Emmetts Real Estate.

Property ID: 503367402Last Updated: 16 Jan 2020

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Emmetts - Melbourne
Emmetts - Melbourne
Level 7, 24 Collins Street
MELBOURNE, VIC 3000
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Geoff Emmett

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Geoff Emmett
Emmetts - Melbourne
229-237 Carlisle Street Balaclava, VIC 3183

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

Kind Regards,

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