Emmetts and Sutherland Farrelly are delighted to present a prime long leased retail freehold investment at 67 Chapel Street Windsor - for sale by Expressions of Interest closing Wednesday 21st of July at 3PM.
An exceptional freehold, located in Melbourne's premier dining and hospitality precinct, the investment is secured with a recently renewed 10 year lease to one of Windsor's most iconic businesses, providing investors with fixed annual rental uplifts.
Investment considerations as follows:
+ New 10 year lease to Holy Grail, one of Windsor's most iconic hospitality operators.
+ Located in Melbourne's premier dining and hospitality precinct, the population characteristics and density constraints of the strip ensure strong demand for the limited retail space available, facilitating consistent and steady rental growth.
+ Surrounded by high profile restaurants and bars including Tokyo Tina, Pidapipo, Morris Jones, Betty's Burgers, Hawker Hall, Fonda, Grill'd, and Mr Miyagi.
+ Dual street frontage with rare wide 8.8 metre frontage to Chapel Street and access via Bowling Green Street.
+ Substantial freehold of 275 square metres*
+ Significant landholding of 390 square metres*
+ Rent $144,470 pa plus GST & outgoings.
+ Locked in rental growth.
+ Excellent access to transport including proximity to Windsor train station and the number 78 tram line along Chapel Street. The property also benefits from access to major arterials including Dandenong Road, Nepean Highway and Punt Road.
Please contact the sales and marketing agents Emmetts or Sutherland Farrelly for further information.
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