Sale

2 & 3 / 250 Barkly Street, Footscray VIC 3011

Auction
3
256m2
Retail

Shop 2 & 3, 250 Barkly Street Footscray "Investment Property"

Stockdale and Leggo is exclusively present a remarkable commercial property for unit 2 and 3, 250 Barkly Street Footscray. Well-positioned of retail shop that surrounding by mix retails and service providers including Banks, Footscray market, Coles , Kmart and Victoria University, and popular Eatery areas for all kind of cuisine.

Excellent access to major arterials including Footscray Road, Dynon Road, Princes Highway and City Link. Convenient access with public transport such as Footscray Station and bus services.

– Road frontage of Barkly Street
– building area ~ 256m2
– 3 allocated car parking
– Ground floor, below the offices and apartments

High exposure retail investment on prominent are of Footscray:
– Leased to a restaurant, Indian Cuisine- Sankranti Australia
– Secured lease, Term 5 years… 2 option to renew x 5 years…
– Commenced on January 2016
– exercised the option on 2021 and expire on Dec 2025
– 1 more option of 5 years, 2030
– Rental $110,330 per annum including outgoings and GST
Net rental appx $87,924
– Yearly rent increase 3%

Offered for sale via Public Auction :

Open for inspection on Wednesday, 24th April 2024 at 11am
Auction on Wednesday 24th April 2024 at 11:30am

Private inspection between 3pm to 5pm or morning, can be schedule by contact Anna Voon at 0447 941 655

Contact Anna Voon for IM

Inspections

No inspections are currently scheduled. Contact the agent to arrange an appointment. Contact agent

Auction

Wednesday 24 Apr 3:45 pm
Onsite
Contact agent for auction details
Commercial & Industrial Logistic

"*" indicates required fields

Interested in this property?

Please complete the form below and one of our friendly team will be in touch soon.

Subscribe Consent
This field is for validation purposes and should be left unchanged.

"*" indicates required fields

Get in Touch

Please complete the form below and one of our friendly team will be in touch soon.

Subscribe Consent
This field is for validation purposes and should be left unchanged.

"*" indicates required fields

Get in Touch

Please complete the form below and one of our friendly team will be in touch soon.

Subscribe Consent
This field is for validation purposes and should be left unchanged.
Email