23A Gladstone Street
MOONEE PONDS, VIC 3039

Heavenly Café Investment

Fitzroys is delighted to offer for sale this commanding, high quality commercial investment strategically positioned within Moonee Ponds' booming activity centre and opposite the region's largest public car park.

•  Immaculate north facing two level building with an extensive area of 300sqm*
•  Ideal central location benefiting from Moonee Ponds' population and building boom, with around 2,000 apartments in various stages of construction and completion
•  Securely leased to popular café trading as “Dear Abbey”
•  Lease term of 5 x 5 x 5 x 5 years
•  Returning $100,000 per annum plus GST
•  Tenant pays all usual outgoings
•  Immediate proximity to the renowned Puckle Street retail and lifestyle precinct with a plethora of major national tenants and banks
•  Opposite high performing full line Woolworths supermarket, BWS and the Australian Taxation Office (ATO) headquarters
•  Opposite over 500 public car parks
•  Metres from all modes of public transport including train, tram and bus connectivity to and from the CBD
•  Rare opportunity to invest in a well-regarded suburb with a proven track record for capital growth, underpinned by a rapidly growing residential catchment

*approximate