- Entry Level CBD Investment
- Established F&B operator
- 5 year lease with fixed rent increases
Description
Gorman Commercial is pleased to present to the market for sale by public auction, Shop 3, 601-611 Little Collins Street, Melbourne.
The property provides a compelling entry-level CBD investment opportunity, offering secure income, proven tenant performance and long-term exposure to one of Melbourne’s most active commercial precincts.
Key Highlights:
+ Securely leased CBD café investment, with the business being in occupation since 2019, demonstrating strong trading history and long-term commitment to the location
+ 5 year term, commenced 1 May 2024, plus a further 5-year option, providing income security
+ Passing net income of $53,732.40 pa + GST + Outgoings
+ Efficient 26 sqm retail footprint, ideally suited to café/food use, benefiting from strong daily foot traffic generated by surrounding office and residential population
+ Positioned within Melbourne’s western CBD core, surrounded by major commercial landmarks including Collins Arch, Rialto Towers and 567 Collins Street, driving significant weekday activation
+ Serviced by exceptional public transport amenity, including immediate proximity to Southern Cross Station and multiple tram routes along Collins and Spencer Streets
+ Supported by a dense and growing catchment of office workers, residents and hotel guests, underpinned by ongoing CBD development and infrastructure investment
Contact the exclusive marketing agents below to receive further details.
Nathan May | +61 452 210 491
Tom Maule | +61 401 636 049