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26YEARS
$
OF PROPERTY INSIGHTS
10,000
+
LOCAL INVESTORS REACHED

Charming Nicholson Street Retail Sells Under the Hammer

By | 01/04/2022

743-745 Nicholson Street, Carlton North Sold

GormanKelly has sold this impeccably presented double fronted freehold in Carlton North on a net yield of 2.7%.

Originally utilised as the local “Family Butchers”, the property has been tastefully renovated retaining many of its original features.

The result reflects the quality of the building, great tenant and future potential for further improvement of this substantial 436sqm site.

Keen bidding at the auction between two local business operators confirms the confidence in this popular city fringe location.

If you would like further information about this sale, please feel free to contact either Nick Breheny or Manny Galanos.

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Nick Breheny

Written by Nick Breheny 

"Nick commenced his career in the Eastern Suburbs and brings over 30 years’ experience in commercial property sales and leasing with an emphasis on development sites and investment property."

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