52 Morrah Street, Parkville VIC 3052
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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.
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.
