106 A'Beckett Street, Melbourne, VIC 3000

Retail

Leased

  • Property ID: 444620
  • Floor Area: 244m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased 13/06/2024 244m2 N/A Contact Agent
LEASED - FULLY FITTED RESTAURANT WITH LIQUOR LICENCE IN A1 LOCATION

LEASED - Conquest Commercial are pleased to offer this substantial retail offering positioned in the heart of Melbourne's vibrant and developing residential and university precinct.

On offer is 244 sqm* of spacious ground floor retail fully fitted for a savvy food and beverage operator to take advantage of the existing fitout and abundant passing foot traffic. Being located on the ground floor of a mixed residential, student and short stay accommodation building, there are approx 90 units over the above 7 levels, therefore providing a huge ready-made customer base.

This coupled with the growing number of neighbouring mixed use developments both completed and under construction also means that there is no shortage of exposure to a steady stream of customers for the right operator.

Further property attributes are below:

- Liquor Licence until 11pm already in place
- Existing fully functioning kitchen with grease trap and exhaust fan
- Fridges and Cool room
- Rare benefit of 2 secure carspaces within the building
- Excellent exposure with facade signage
- Huge customer seating area
- Long term lease available

In addition to the above, the property is a short walk to the following:

- The future $11 billion-dollar Melbourne Metro Tunnel project which includes the new State Library Station
- Elizabeth Street hospitality precinct
- RMIT University
- Melbourne University
- Melbourne Central Shopping Centre and Train Station
- Elizabeth Street Trams
- Emporium and QV Melbourne Shopping Centres
- Queen Victoria Market redevelopment
- And everything else that the Melbourne CBD has to offer.

106 A'Beckett Street is a unique opportunity for experienced operators to take advantage of all the above attributes ensuring a successful and long lasting business in Melbourne CBD's most developing area.

The potential for success is significant!!

Please contact Luke Conquest on 0432 328 668 for more information or to inspect.

Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $305 ---
Offices $5998 $793 13.22%
Retail --- $769 ---
This is the average advertised price, rent and yield for Melbourne, VIC 3000*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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