CARLTON

314-318 Drummond Street, CARLTON VIC 3053

A CONSIDERED INVESTMENT - PRIME CITY FRINGE FREEHOLD

GormanKelly is delighted to offer 314-318 Drummond Street, Carlton for sale by Expression of Interest closing Thursday 3 June 2021 at 4 PM.

Key highlights of this opportunity include:

- Renewed five (5) year lease to long term Tenant, Readings Pty Ltd

- Two-level building of 510 sqm*

- Rectangular site of 264 sqm*

- Returning $97,274.09 net pa with annual increases

- Excellent scope for further development into the future

Please contact Nick Breheny (0411 601 730) or Robert Kelly (0418 655 242) to arrange an Inspection or to be provided EOI documentation.

* APPROXIMATE Located in the heart of Carlton's lifestyle precinct opposite Lygon Court.
Only 1km from the CBD in this tightly held location.