Let’s just cut it to the chase. What are we offering? A secure retail investment leased to one of Melbourne’s best food operators who have been in occupation since 2014 and signed a new 4 x 4 year lease in June 2024. Who is the tenant? The original Hanoi Hanna and part of the Commune Group whose name is synonymous with success, below is a list of their current venues • Studio Amaro – 168 Chapel Street, Windsor • Moonhouse – 282 Carlisle Street, Balaclava • New Quarter – 79 Swan Street, Richmond • Firebird – 223 High Street, Prahran • Tokyo Tina – 66A Chapel Street, Windsor • Hanoi Hanna – 186 High Street, Windsor & 306 Glenhuntly Road, Elsternwick What’s the location? 186 High Street is located about a minutes’ walk from the corner of the prolific Chapel & High Street Windsor corner, arguably Melbourne’s best food and drink precinct. What’s the price? Circa 5% fully net return which comes in around the $1m mark. This is an ‘entry point’ retail investment leased to an exceptional tenant. The Details. • Securely leased to Hanoi Hanna • Brand new 4 x 4 year Lease from 1 June 2024 - original Lease commenced in 2014 • 3.5% reviews per annum – market at option • Site 123m2 • Building 138m2 • Rear access via laneway Try the link below to our website, for a bigger and better view. *Approx.
Email enquiry to TCI - Richmond
Property ID: 504602364
Original Property ID: 504602364