This article is from the Australian Property Journal archive
A WATERFRONT restaurant property, home to Renzo’s Bar in Melbourne's Docklands has been put on the market.
Colliers International CBD sales executive Daniel Wolman has been appointed to sell Lot 7, 46 Newquay Promenade, in the New Quay precinct at the northern end of Docklands.
The property comprises approximately 195 sqm of indoor restaurant space and 83 sqm of outdoor seating overlooking Victoria Harbour.
“On offer is a ground floor retail shop at the base of the Arkey apartment building, centrally located along the pedestrian promenade across from the water.
“The property was occupied by Renzo’s Bar on a new seven-year lease (with options). The property offered a net income of around $240,000 per annum,” he added.
The property is for sale by way of expressions of interest, closing on March 8 at 2pm.
Property Review