For Sale

Lot 1, 593 Elizabeth Street, MELBOURNE 3000

  • Building Area 60 m²
  • Sale Price Contact Agent

OUTSTANDING CBD RETAIL INVESTMENT

Highlights

  • LEASED TO ESTABLISHED TENANT
  • PRIME CBD INVESTMENT
  • 5+5 YEAR LEASE

Description

* Prime city retail investment
* Leased to established tenant Coffee School since 2008
* 5 year lease + 5 year lease from the 1 September 2017
* Secure lease with significant upside
* Affordable investment opportunity
* Fixed 3.5% increases and market review at the exercise of further term
* Annual rental $42,849* plus GST plus outgoings – as at 01/09/2019
* Unrivalled opportunity in one of Melbourne's most active and sought after locations near Victoria Market

Brilliantly positioned with long secure lease to a proven operator. The long lease provides security of income and makes this the ideal set and forget investment.


FOR AN IMMEDIATE INSPECTION CALL US TODAY!

*approx

Zoning Commercial 1 Tenure

Tenanted Investment

GST

All prices quoted are exclusive of GST.

Sale Car Spaces

2

Building Area 60 m²

Documents

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