PRIME ST KILDA CAFE INVESTMENT ~ 6.5%+ YIELD (mid $700,000's)

Quinn Property Co is pleased to present this exceptional retail investment for Private Sale.

Key attributes include:

~ Affordable investment within the densely populated, inner seaside suburb of St Kilda

~ Leased to popular local cafe - "Hello Sparrow"

~ Lease term through to November 2029 with strong annual increases

~ Current rent at $50,941.80 per annum + GST + outgoings (inc single holding Land Tax)

~ Captive coffee audience with BFT gym next door plus City of Port Phillip council offices nearby

~ Well-presented ground floor, cafe premises of 75sqm* with high quality fit out

~ 36* residential apartments above in the same complex

~ St Kilda is a vibrant location for culture and entertainment with high pedestrian activity (tourists and locals)

~ Strong surrounding residential catchment with a median house price of $1,650,000* (realestate.com)

~ Close proximity to thriving Carlisle Street shopping strip including Woolworths and Coles supermarkets and popular local shops

For further information or an inspection, please contact Quinn Property Co selling agent Julian Vautin.

* Approximate

NOTE ~ All boundary outline indications in marketing material and images are indicative only/refer to title for exact boundary dimensions.