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52 Morrah Street, Parkville VIC 3052

  • 191 sqm / approx

‘THE PARKVILLE STORE’

Nelson Alexander Commercial are pleased to present For Sale ‘The Parkville Store’. Operating for 136 years of continual trade, 52 Morrah Street is undoubtedly a proven location for hospitality/retail & ultimately investment success.

Key features of this truly unique offering:

> Brand New 4-year lease to established and iconic café ‘The Parkville Store’
> Landlord favoured fixed annual increase of 3%
> Separate 3-bedroom residence with north facing rear courtyard (access via Wimble Street)
> Total income $107,000 pa (approx.)
> Prominent corner location
> Underpinned by Neighbourhood Residential Zoning and a strong Median House price of $1,951,000 (2021)

For all enquiries or to arrange a private inspection, please contact exclusive leasing agents Nelson Alexander Commercial on 9419 5511.

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  • 191 sqm / approx

Parkville

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