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Shops 1-3, 1-7 Dryburgh Street, West Melbourne, VIC, 3003
West Melbourne
Shops 1-3, 1-7 Dryburgh Street, West Melbourne, VIC, 3003
West Melbourne
Gross Waddell ICR is pleased to present for sale an enticing investment opportunity located on the ground floor of Cbus Property’s Volaire Development.
Property highlights:
• Building area: 382sqm* plus outdoor seating area
• Set over three (3) separate titles allowing potential to divide in the future
• Leased to Sassy Italian Restaurant - operating since 2019
• Highly rated 4.8 out of 5 stars on Google Reviews
• Renewed 3 year lease beginning 1 July 2025 with a further 4 year option
• Renewed rental of $112,290* p.a. net with 3.5% annual increases
• Positioned on the ground floor of Cbus Property’s Volaire development
• Located adjacent to North Melbourne Train Station and with the convenience of Woolworths Metro across the road
• Benefiting from a high residential catchment with multiple apartment blocks in the area
Shops 1-3, 1-7 Dryburgh Street, West Melbourne is offered for sale via Expressions of Interest closing on Thursday 10th April 2025 at 3pm (AEDT).
For further information or to arrange an inspection, please contact Gross Waddell ICR directly.
*approx.
Remember to mention you found this property on CommercialReady
Gross Waddell ICR is pleased to present for sale an enticing investment opportunity located on the ground floor of Cbus Property’s Volaire Development.
Property highlights:
• Building area: 382sqm* plus outdoor seating area
• Set over three (3) separate titles allowing potential to divide in the future
• Leased to Sassy Italian Restaurant - operating since 2019
• Highly rated 4.8 out of 5 stars on Google Reviews
• Renewed 3 year lease beginning 1 July 2025 with a further 4 year option
• Renewed rental of $112,290* p.a. net with 3.5% annual increases
• Positioned on the ground floor of Cbus Property’s Volaire development
• Located adjacent to North Melbourne Train Station and with the convenience of Woolworths Metro across the road
• Benefiting from a high residential catchment with multiple apartment blocks in the area
Shops 1-3, 1-7 Dryburgh Street, West Melbourne is offered for sale via Expressions of Interest closing on Thursday 10th April 2025 at 3pm (AEDT).
For further information or to arrange an inspection, please contact Gross Waddell ICR directly.
*approx.
Remember to mention you found this property on CommercialReady
Shops 1-3, 1-7 Dryburgh Street, West Melbourne, VIC, 3003
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