Positioned in arguably the best section of Carlisle Street and directly opposite Balaclava Train Station, 274 Carlisle Street presents an outstanding opportunity for investors, owner-occupiers, and value-add buyers seeking a prime retail freehold in one of Melbourne's most vibrant and tightly held shopping precincts.
The property comprises a functional retail shop set on 95 sqm* of land, with the added benefit of a large Council car park immediately to the rear.
Surrounded by established retailers and enjoying high foot traffic, this is an exceptional opportunity to secure a high-exposure retail asset with strong long-term fundamentals.
Property Highlights:
- Land area: 95 sqm*
- Building area: 60 sqm*
- Zoning: Commercial 1 Zone
- Directly opposite Balaclava Station, surrounded by Coles, Woolworths, Australia Post and popular local cafes
Lease Terms:
- Passing income: $50,000 net plus GST p.a.*
- Lease term: 1 year
- Options: Nil
This leasing structure provides immediate income for investors while offering owner-occupiers or value-add buyers the flexibility to secure vacant possession or reposition the property in the near term.
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