Property main details

Commercial

  • Leased
  • Retail

Specifications

  • Property Type
    Retail
  • Building
    420 m2

Blue Chip Investment

**Returning $98,799.96 approx per annum
**5 + 5 + 5 year lease

The property will be sold with a well structured lease in place to an A grade tenant. Superbly well presented and positioned within walking distance to the CBD, this heritage retail property presents an outstanding opportunity for the astute investor to purchase in one of Melbourne's well established and anticipated growth areas.

• 420m2 approx
• Returning $98,799.96 approx per annum
• Term of lease 5 + 5 + 5
• Fixed 4% annual increases
• Security Deposit: $26,145

For further information please contact Brett Diston on 0439 365 532 or David McGuinness on 0433 322 443.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

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If you're interested in looking at properties around the area, or want the latest information on the market in your neighbourhood, we'd love to hear from you. 

478-482 Victoria Street North Melbourne 3051, Victoria
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