85 Acland Street , St Kilda

STRATEGIC ACLAND STREET INVESTMENT

Two storey restaurant and office located on the iconic Acland Street, one of Melbourne’s most eclectic and successful precincts, comprising many cafés, restaurants, bars, hospitality venues, Coles, Woolworths, fashion, footwear and lifestyle.

• Rococo - Well established restaurant
• Land Area: 191m2*
• Building Area: 217m2*
• Dual ROW at the rear
• Lease Term: 5 + 5 + 5 + 2 years and 10 months (Comm Nov 2014)
• Rental: $135,200*pa net
• Reviews: Annual 4% with market reviews on exercise of each further term

Terms: 10% deposit, Balance in 30/60 days

Auction: Thursday 17th August at 12:00pm onsite

*denotes approx.