Shops 1-3, 1-7 Dryburgh Street, West Melbourne, Vic 3003

LATEST
Retail
Contact Agent
Published on: 12 Mar 2025
Last updated on: 13 Mar 2025
Shops 1-3, 1-7 Dryburgh Street, West Melbourne, Vic 3003
Shops 1-3, 1-7 Dryburgh Street, West Melbourne, Vic 3003
Shops 1-3, 1-7 Dryburgh Street, West Melbourne, Vic 3003
+11
Shops 1-3, 1-7 Dryburgh Street, West Melbourne, Vic 3003
  • 11
Property ID: 504812316
Translate to English

Key property information

Floor Area
382.00 m2
Tenure Type
tenanted

APPETISING INVESTMENT WITH RENEWED LEASE

Shops 1-3, 1-7 Dryburgh Street, West Melbourne, Vic 3003
Gross Waddell ICR is pleased to present for sale an enticing investment opportunity located on the ground floor of Cbus Property’s Volaire Development. 

Property highlights: 

•	Building area: 382sqm* plus outdoor seating area

•	Set over three (3) separate titles allowing potential to divide in the future

•	Leased to Sassy Italian Restaurant - operating since 2019

•	Highly rated 4.8 out of 5 stars on Google Reviews

•	Renewed 3 year lease beginning 1 July 2025 with a further 4 year option

•	Renewed rental of $112,290* p.a. net with 3.5% annual increases

•	Positioned on the ground floor of Cbus Property’s Volaire development

•	Located adjacent to North Melbourne Train Station and with the convenience of Woolworths Metro across the road

•	Benefiting from a high residential catchment with multiple apartment blocks in the area

Shops 1-3, 1-7 Dryburgh Street, West Melbourne is offered for sale via Expressions of Interest closing on Thursday 10th April 2025 at 3pm (AEDT).

For further information or to arrange an inspection, please contact Gross Waddell ICR directly.

*approx. 

Property Details

Basic Info

Property Type
Retail
Listing Status
On Market
Address
Shops 1-3, 1-7 Dryburgh Street, West Melbourne, Vic 3003
Richard Lowe
Richard Lowe
Level 1, 30 Collins Street, Melbourne, Vic 3000
Get in touch
Report this page

Contact Agent

Email enquiry to Gross Waddell ICR - Commercial

Richard Lowe
Richard Lowe
Level 1, 30 Collins Street, Melbourne, Vic 3000
What's your enquiry about?
      By clicking "Submit", you accept our Privacy Policy and acknowledge that as the agent for this property is located overseas, your information may not be handled in accordance with the privacy laws applicable to this website.

      Property ID: 504812316

      * THIS SERVICE MAY CONTAIN TRANSLATIONS POWERED BY GOOGLE. GOOGLE DISCLAIMS ALL WARRANTIES RELATED TO THE TRANSLATIONS, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, RELIABILITY, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.