82 Wellington Parade, East Melbourne, Vic 3002

Retail
|Land/Development
Contact the Melbourne Commercial Property Experts
Contact the Melbourne Commercial Property Experts
Published on: 23 Jan 2025
Last updated on: 23 Jan 2025
82 Wellington Parade, East Melbourne, Vic 3002
82 Wellington Parade, East Melbourne, Vic 3002
82 Wellington Parade, East Melbourne, Vic 3002
+12
82 Wellington Parade, East Melbourne, Vic 3002
  • 12
Property ID: 504772336
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Key property information

Land Size
150.00 m2
Floor Area
155.00 m2
Tenure Type
tenanted

Prized East Melbourne Retail Investment Opportunity

82 Wellington Parade, East Melbourne, Vic 3002
Savills is delighted to offer for sale this coveted East Melbourne retail freehold located at 82 Wellington Parade, East Melbourne.

The property is ideally positioned within one of Melbourne’s most affluent suburbs and benefits from being situated directly opposite the MCG & Jolimont Train Station.

Key attributes of the property include:

•	Ideal double storey 155sqm* retail freehold 
•	Prime 150sqm* landholding with rear access
•	Ideal open plan restaurant with kitchen and bathroom amenity on ground floor and two-bedroom residence on first floor
•	Leased to longstanding tenant ‘Tadka Hut’ in operation for 8 years
•	Returning $74,508 p.a + GST & outgoings on a 3 + 3 + 3-year lease with fixed 3% annual increases 
•	Extremely tightly held retail strip with minimal transactional activity in the last 10 years 
•	Affluent East Melbourne location boasting a median house price of $3,750,000^ 
•	Situated opposite the MCG & Jolimont Train Station 

*Approximate ^realestate.com.au 

For Sale by Auction on Wednesday 26 February at 10:30am On-Site

For further information please contact:

Beau Bakhtani - 0412 159 038
Julian Heatherich – 0412 995 655
Benson Zhou – 0458 488 888

Property Details

Basic Info

Property Type
RetailLand/Development
Listing Status
On Market
Land Size
150.00 m2
Address
82 Wellington Parade, East Melbourne, Vic 3002
Beau Bakhtani
Beau Bakhtani
Julian Heatherich
Julian Heatherich
Benson Zhou
Benson Zhou
Level 29, South Tower, 80 Collins Street, Melbourne, Vic 3000
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Email enquiry to Savills - Melbourne

Beau Bakhtani
Beau Bakhtani
Julian Heatherich
Julian Heatherich
Benson Zhou
Benson Zhou
Level 29, South Tower, 80 Collins Street, Melbourne, Vic 3000
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      Property ID: 504772336

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