Two Level Freehold on Iconic Chapel St – Situated in Highly Sought after ‘Windsor End’

• 100% occupied building
• Tenants pay usual outgoings
• Dual street frontage

Ground floor retail has a secure Five (5) year lease plus option to June 2027.

Ganbare Kaz Kaiten Sushi: popular Japanese restaurant operated by experienced and respected hospitality operators.
80% of income secured by Ganbare Kaz Kaiten Sushi.

First floor office has a renewed Two (2) year lease to September 2022.

Ivy Constructions: Commercial construction and heritage restoration specialists with 35+ years’ experience.

Investor preferred net lease terms with tenants paying all usual outgoings as per lease.

Fully occupied 175sqm two level building including ground floor retail and separate first floor office tenancy.

Prime 165sqm site with dual street frontage and one car park accessed via Mechanics Lane.

Superbly located in Chapel Street’s renowned dining precinct surrounded by leading establishments including Fonda
Windsor: affluent inner city suburb only 5km from Melbourne CBD with $1.3 million median house price.

Estimated Net Rent: $99,416pa + GST (as at July 2021).

For Sale by Investment Portfolio Auction
10.30am (AEST) Wednesday 23 June 2021

Agent in Conjunction:
Burgess Rawson
Level 7, 140 Bourke Street, Melbourne