This modern versatile industrial/retail space ideally positioned at the front of a tightly held industrial strata complex has been utilised as the complex café site for over 10 years, with current lease term in place until January 2030 plus a further 5- year option.
Offering a corner position with street frontage exposure, this versatile premises is situated in the highly sought-after city fringe precinct of Alexandria. This opportunity is suited to the astute investor with the confidence of a proven long-term tenant in place.
With easy access to major link arterial roads such as the Eastern Distributor, M5 Motorway, and the newly completed M8 Motorway, this is an opportunity not to be missed to add to your current investment portfolio or for a first investment at an attractive price point to enter the market.
> Well-proportioned and presented ground floor space of 81m2*
> Exclusive use of 36.5m2 external area currently used for café seating
> Ideally positioned at the front of the complex with street-front exposure
> High internal ceiling heights of over 4m
> Abundant natural light throughout with large window frontage
> Security system and 3-phase power
> Zoned E3 Productivity Support
> Currently leased to a long-term café tenant on 5 + 5-year lease returning $60,000pa + GST with 3% annual increases
*All amounts, areas and distances are approximate
The size of Alexandria is approximately 3.5 square kilometres. There are 10 parks, covering nearly 14.2% of the total area. The population of Alexandria in 2016 was 8262 people. By 2021 the population was 9649 showing a population growth of 16.8% in the area during that time. The predominant age group in Alexandria is 30-39 years. Households in Alexandria are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Alexandria work in a professional occupation.In 2021, 46.40% of the homes in Alexandria were owner-occupied compared with 46.90% in 2016.
Alexandria has 8,445 properties. Over the last 5 years, Houses in Alexandria have seen a 9.62% increase in median value, while Units have seen a 9.46% increase. As at 31 July 2026:
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