15-19 Gordon Street, Elsternwick, VIC

Sold | $1,300,000
Retail

BRAND NEW FULLY LEASED RESTAURANT - NEXT TO CLASSIC CINEMA ELSTERNWICK

Now completed, this retail tenancy is leased to the successful 48H-Pizza and Gnocchi Bar on a long term lease. The premises include a 3,000lt grease trap, ventilation and storage.

Located next to the popular Classic Cinemas and bustling Glenhuntly Road retail precinct, the development includes 48 luxury one and two bedroom apartments.

The lease commences on 1 February 2017 and extends for 5 years plus options for a further 10 years. Fixed 2.5% rent increases and good security further compliments this investment opportunity.

The fitout is to commence shortly.

Key Features
Property Type
Retail
Car Spaces
2
Building Size
110 sqm
Property ID:
11P0074
Contact Agents

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Office: MMJ Real Estate, Melbourne
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