134A High Street, Belmont, Vic 3216

An exciting prospect awaits to acquire a securely leased, perfectly located freehold in this vibrant tightly held Belmont shopping precinct.

On offer is 134A High St Belmont which is tenanted by a long term occupant Padding Café/Piglet which has secured a large following who come from all areas to experience this dynamic Café.
The property is surrounded by a thriving residential catchment area and set amongst an array of quality businesses being Aldi Supermarket, Belmont Medical Clinic, Archives Wine Bar, Pizza Bar Restaurant and many more.

134A High Street Belmont - Paddington Café/Piglet
Passing Rent: $37,131.42 per Annum + GST + Outgoings
Lease Term: Five Years from May 2022
Further terms: Five years with one further term of Five years
Increments: Fixed 3% annually with Market at option
Excellent long term investment.

Zoning: Commercial 1 Zone