$630,000

McDonald Upton are delighted to offer for sale 87 Rose Street, Essendon.

An outstanding retail investment opportunity securely leased to a thriving local business.

• Blue chip investment opportunity positioned in one of Melbourne’s most tightly held and highly regarded retail strips, in the heart of Essendon.

• Secure 3 year lease term with 4 year option.

• Current net income of $22,200 plus outgoings (including building insurance) exp 1/2/2028.

• Prime single fronted retail building of 41m2, underpinned by strong underlying land area of 187m².

• Commercial 1 Zoning

• Ideally positioned directly opposite a major public transport hub in Essendon Train Station, bus terminal and tram depot – one of the busiest locations in the area.

An excellent investment opportunity with promising future development potential