633-635 RATHDOWNE STREET, CARLTON NORTH
Savills and Blount Osborne Walsh are delighted to offer for sale by public auction this rare retail investment, situated in the heart of the Rathdowne Village retail precinct at 633-635 Rathdowne Street, Carlton North. This property represents a fantastic opportunity to acquire a prime retail investment positioned within one of Melbourne’s most vibrant and highly sought after city fringe suburbs, Carlton North. The key attributes of this opportunity include:
A premium double-fronted retail freehold of 450sq m*
Comprises two ground floor retail shops and a spectacular first floor office space
Fully leased to 3 long-term tenants
Incredibly valuable landholding of 229sq m* (Commercial 1 Zone)
Extensive Rathdowne Street frontage of 11.6m* with rear frontage to Henry Street
Net Income: $203,398 per annum* + GST + Outgoings (as at 27 April 2019)
Situated in the heart of the tightly held and ever popular Rathdowne Village retail precinct
Ideally located close to Melbourne University, RMIT, iconic Lygon Street, schools, parks and only 2km* to the CBD
A premium retail investment opportunity not to be missed!
For Sale by Public Auction – Friday 5 April at 12 noon on-site.