For Sale

16 Russell Place, MELBOURNE 3000

  • Building Area 124 m²
  • Sale Price Contact Agent

UNIQUE CBD LANEWAY RETAIL INVESTMENT

Auction

Auction Date: 07 Dec 2018 @ 12:00 PM
Auction Location: Auction Friday 7 December at 12.00pm on-site

Highlights

  • SECURELY LEASED CBD RETAIL INVESTMENT
  • PRIME LANEWAY LOCATION-HUGE FOOT TRAFFIC
  • QUALITY EXPERIENCED TENANT

Description



* Building Area: 123.9 sqm*
* Undercover Alfresco dining fronting Russell Place
* Occupied by a highly experienced and quality hospitality provider
* Current Income: $135,388.88 pa* with 3% increases annually
* Lease Term: 5 years commencing November 2015
* Options: 2 x 5 years
* Fantastic CBD laneway location with high volume foot traffic
* Surrounded by quality retailers and some of Melbourne's best cafes and restaurants
* Well serviced by public transport
*approx
FOR AN IMMEDIATE INSPECTION CALL US TODAY!

Tenure

Tenanted Investment

GST

All prices quoted are exclusive of GST.

Building Area 124 m²

Documents

Agents

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