RETAIL GOLD

Lemon Baxter in conjunction with Moore & Co are proud to present this once in a lifetime investment opportunity at 255 Coventry Street, South Melbourne available via private sale.

255 Coventry Street is prominently located on the southern side of Coventry Street, between the Clarendon Street Retail Precinct and the South Melbourne Market. The property is easily accessible via public transport by way of tram and provides direct access to the Melbourne CBD, Citylink, and the Westgate Freeway via Kings Way.

Features include:

• Striking 2 storey building
• Building area: 192.50sqm*
• 5 x 5 year lease to Hoxton Hair; a long established tenant
• Separate 2 bedroom residence upstairs
• Total income: $105,488.00 per annum net at 18th December 2018
• Positioned in South Melbourne’s rapidly growing retail precinct
• Less than 300m from the famous South Melbourne Market
• Surrounded by premier retailers such as The Pet Grocer, Gas Eatery, Chez Dre, Paperpoint,& Ziggy’s Eatery

For further information, please contact:

Lemon Baxter:

Paul O'Sullivan - 0412 410 366

Will McMullin - 0403 557 259

Moore & Co:

David Evans - 03 9596 6988

Agent

Paul O'Sullivan

Paul O'Sullivan

Director

0412 410 366

business_phone 03 9699 7500

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Property Information

  • Land Size 1925 m2
  • Building Size 192.5 m2
  • Type Retail
  • Zoning Commercial 1
  • Sale Method Sale by Negotiation

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