Skip Ribbon Commands
Skip to main content

News release


Masterclass restaurant investment

26-28 Cotham Road, Kew

MELBOURNE, 13 August 2012 –High profile restaurant St Katherine’s, owned and run by acclaimed chefs George Calombaris and Shane Delia is on the market.

Jones Lang LaSalle in conjunction with Fitzroys have been appointed to sell the property located at 26-28 Cotham Road, Kew.
Positioned in the heart of Kew Junction, one of Melbourne’s most affluent, tightly held residential suburbs, the property forms part of the retail and commercial centre of the area. Comprising a substantial two-level retail/commercial building of approximately 635sqm, 26-28 Cotham Road sits on a commanding land area of approximately 515sqm.
This “trophy asset” is currently returning $257,094 net per annum and enjoys a 7x7x7 year lease.
Stuart Taylor and Matthieu Lucas of Jones Lang LaSalle and Chris Kombi and Mitchell Humpheries of Fitzroys will auction the property onsite at 3pm on Thursday 13th September.
Mr Taylor said “the high profile nature of the tenant and the names behind the business will attract wide interest and demand for the property”.
“This property will be hotly contested as assets of this nature are in high demand in the current market, offering private investors security in times of financial uncertainty” said Mr Lucas.
– ends –