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82 Wellington Parade, East Melbourne, VIC, 3002

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82 Wellington Parade, East Melbourne, VIC, 3002
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82 Wellington Parade, East Melbourne, VIC, 3002

82 Wellington Parade, East Melbourne, VIC, 3002

Properties / Buy / Victoria / East Melbourne
Tenanted Investment

1. Property Summary

Selling Method
Auction
Selling Details
Contact the Melbourne Commercial Property Experts
Land Area
150 m² (*approx)
Floor Area
155 m² (*approx)
Property Type
Retail
Sub-type
Cafe/Restaurant
Est. Income
$74,508 p/a
Show All

2. Property Highlights

Prized East Melbourne Retail Investment Opportunity
  • First time offered in 59 years
  • Prime freehold restaurant & residence
  • Returning $74,508 + GST & outgoings

Savills is delighted to offer for sale this coveted East Melbourne retail freehold located at 82 Wellington Parade, East Melbourne.

The property is ideally positioned within one of Melbourne’s most affluent suburbs and benefits from being situated directly opposite the MCG & Jolimont Train Station.

Key attributes of the property include:

• Ideal double storey 155sqm* retail freehold

• Prime 150sqm* landholding with rear access

• Ideal open plan restaurant with kitchen and bathroom amenity on ground floor and two-bedroom residence on first floor

• Leased to longstanding tenant ‘Tadka Hut’ in operation for 8 years

• Returning $74,508 p.a + GST & outgoings on a 3 + 3 + 3-year lease with fixed 3% annual increases

• Extremely tightly held retail strip with minimal transactional activity in the last 10 years

• Affluent East Melbourne location boasting a median house price of $3,750,000^

• Situated opposite the MCG & Jolimont Train Station

*Approximate ^realestate.com.au

For Sale by Auction on Wednesday 26 February at 10:30am On-Site

For further information please contact:

Beau Bakhtani - 0412 159 038

Julian Heatherich – 0412 995 655

Benson Zhou – 0458 488 888

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment
Tenanted Investment

1. Property Summary

Property Type
Retail
Sub-type
Cafe/Restaurant
Est. Income
$74,508 p/a
Land Area
150 m² (*approx)
Floor Area
155 m² (*approx)
Selling Method
Auction
DATAROOM AVAILABLE
Request Access
Auction Date
26 Feb 2025 10:30AM
Add to calendar
Selling Details
Contact the Melbourne Commercial Property Experts

2. Property Highlights

Prized East Melbourne Retail Investment Opportunity
  • First time offered in 59 years
  • Prime freehold restaurant & residence
  • Returning $74,508 + GST & outgoings

Savills is delighted to offer for sale this coveted East Melbourne retail freehold located at 82 Wellington Parade, East Melbourne.

The property is ideally positioned within one of Melbourne’s most affluent suburbs and benefits from being situated directly opposite the MCG & Jolimont Train Station.

Key attributes of the property include:

• Ideal double storey 155sqm* retail freehold

• Prime 150sqm* landholding with rear access

• Ideal open plan restaurant with kitchen and bathroom amenity on ground floor and two-bedroom residence on first floor

• Leased to longstanding tenant ‘Tadka Hut’ in operation for 8 years

• Returning $74,508 p.a + GST & outgoings on a 3 + 3 + 3-year lease with fixed 3% annual increases

• Extremely tightly held retail strip with minimal transactional activity in the last 10 years

• Affluent East Melbourne location boasting a median house price of $3,750,000^

• Situated opposite the MCG & Jolimont Train Station

*Approximate ^realestate.com.au

For Sale by Auction on Wednesday 26 February at 10:30am On-Site

For further information please contact:

Beau Bakhtani - 0412 159 038

Julian Heatherich – 0412 995 655

Benson Zhou – 0458 488 888

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment
Julian Heatherich
Julian Heatherich
+61 *** *** *** show +61 412 995 655
Message
+61 412 995 655 jheatherich@savills.com.au Message
Benson Zhou
Benson Zhou
+61 *** *** *** show +61 458 488 888
Message
+61 458 488 888 bzhou@savills.com.au Message
Beau Bakhtani
Beau Bakhtani
+61 *** *** *** show +61 412 159 038
Message
+61 412 159 038 bbakhtani@savills.com.au Message
Access Dataroom

Download Development Site Report
Julian Heatherich
Julian Heatherich
+61 *** *** *** show +61 412 995 655
Message
+61 412 995 655 jheatherich@savills.com.au Message
Benson Zhou
Benson Zhou
+61 *** *** *** show +61 458 488 888
Message
+61 458 488 888 bzhou@savills.com.au Message
Beau Bakhtani
Beau Bakhtani
+61 *** *** *** show +61 412 159 038
Message
+61 412 159 038 bbakhtani@savills.com.au Message

4. Property Location

82 Wellington Parade, East Melbourne, VIC, 3002

Property Map
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82 Wellington Parade, East Melbourne, VIC, 3002 East Melbourne
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Savills Melbourne
Savills Melbourne
80, Collins Street, Melbourne, Victoria, Australia, 3000
View Agency Profile
Julian Heatherich
Julian Heatherich
+61 *** *** *** show +61 412 995 655
Benson Zhou
Benson Zhou
+61 *** *** *** show +61 458 488 888
Beau Bakhtani
Beau Bakhtani
+61 *** *** *** show +61 412 159 038
Enquire
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