Sold

  • 134B + 134C High Street
  • Belmont VIC
  • 105sqm
  • 147sqm
  • Retail

Contact Agent

134B + 134C High Street, Belmont VIC
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  • 134B + 134C High Street
  • Belmont VIC
  • 105sqm
  • 147sqm
  • Retail

Contact Agent

Premium Investment Opportunity X 2

An exciting prospect awaits to acquire two securely leased, perfectly located freeholds in this vibrant tightly held Belmont shopping precinct.

On offer is 134C High St Belmont which is tenanted by long term occupant Geelong Travel and 134B High Street Belmont the ever so popular Paddington Café which has secured a large following who come from all areas to experience this dynamic Café.

Both premises are surrounded by a thriving residential catchment area and are set amongst an array of quality businesses being Aldi Supermarket, Belmont Medical Clinic, Archives Wine Bar, Pizza Bar Restaurant and many more.

Properties to be Auctioned Separately.

Option 1: 134C High St - Geelong Travel

Passing Rent: $23,436 Per Annum + GST + Outgoings

Lease Term: Two years from 16th May 2022

Further Terms: Three years with a further option of 5 years

Increments: Fixed 3% annually with Market review at option

Other advantages are future development with plenty of upside

Option 2: 134B High Street Belmont - Paddington Café

Passing Rent: $35,000 per Annum + GST + Outgoings

Lease Term: Five Years from August 1st 2021

Further terms: Five years with one further term of Five years

Increments: Fixed 3% annually with Market at option

Excellent long term investment.

Zoning: Commercial 1 Zone

Auction Date: 18th May at 11:30am

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