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Retail Investment For Sale – Going Concern

A rare opportunity to purchase a securely leased dual-tenancy retail asset in the heart of Footscray’s high-traffic commercial precinct. This fully leased investment is to be sold as a going concern, delivering immediate rental income from two established tenants. Located on busy Leeds Street, the property benefits from strong pedestrian activity and a vibrant retail mix surrounding it. Suitably to investors seeking long-term security and growth in one of Melbourne’s most culturally diverse and evolving inner-west locations. Retail investment for sale | Key Property Details:

• Total floor area: 90m²* across two retail tenancies
• Zoning: Activity Centre Zone 1
• Fully leased to:
• Footscray Lucky Lotto: Lease commenced 1 July 2023 – 4x4x4 – $29,705 p.a. + GST
• Optometrist: Lease commenced 5 November 2022 – 3x3 – $42,706.36 p.a. + GST
• Fixed 3% annual rental increases
• Inspection strictly by appointment