Gleeson Real Estate is delighted to offer this expansive, high quality investment (Currently leased) at 74 Sackville Street, Port Fairy. This is a rare and compelling opportunity to acquire a tightly held commercial freehold property in the vibrant coastal town of Port Fairy — consistently ranked among Australia’s top seaside destinations.
Strategically positioned on the corner of highly sought-after Sackville and Bank Streets, this property boasts a premium central location with excellent foot traffic and visibility. Recent high quality refurbishment throughout including an attractive fully fitted cafe/restaurant, incorporating modern open plan dining area, large dual street facing windows and full line commercial kitchen, the space is immaculately presented.
Key Investment Highlights include:
– 5.5% approx. return on investment
– Securely tenanted by “Zest” Cafe/Restaurant with 3 x 3 x 3 lease
– Commercial Area: Approximately 189m2 including dining/ service areas and commercial kitchen.
– Land Area: 240m2 (Approx.)
– Zoning: Commercial 1 Zone
– Valuable dual street frontage with exceptional pedestrian exposure
– Growth Potential: Surrounded by thriving businesses, the property offers excellent prospects for continued rental income growth and long-term capital appreciation.
For further information or an inspection of this impressive investment opportunity, please contact Jeremy Gleeson or Ian Baudinette – ph. 5568 1904.
(Further lease and rental details are available upon request and under confidentiality.)
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