Price Guide:
Aston are excited to present 326A Carlisle Street, Balaclava by Expressions of Interest closing Thursday 18 June at 3pm.
Ideally positioned within the heart of the vibrant Carlisle Street retail and hospitality precinct, the property benefits from exceptional exposure within one of Melbourne’s most active neighbourhood shopping strips.
Securely leased to an established dog grooming business, the property provides dependable income backed by strong underlying land and location value. The property comprises a well maintained two-level freehold of 134m²* with a functional layout further benefiting from rear laneway access and on-site parking for two (2) vehicles.
The features:
• Current rental of $50,102* per annum
• Three (3) year lease with a three (3) year option
• Fixed 4%* annual increases
• Two (2) level building with total area of 134m²*
• Rear access and on-site car spaces
• Ground floor and first floor bathrooms
• High profile frontage within thriving retail precinct
Located just moments from Balaclava train station, the property is exceptionally well connected via multiple tram routes along Carlisle Street, with easy access to Chapel Street, Brighton Road and the Melbourne CBD just 7km* away.
Surrounded by a dense residential catchment and an established mix of cafes, hospitality venues and specialty retailers, the location benefits from strong and consistent foot traffic throughout the day.
With rear access, on-site parking and a secure lease profile underpinned by fixed annual rental growth, 326A Carlisle Street represents a compelling opportunity to secure a quality freehold investment in a proven blue-chip location.
Contact Aston for more information or to arrange a private inspection.
*approximate
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