Nelson Alexander Commercial are pleased to offer for Private Sale this prime retail shop front located in one of Melbourne's most iconic and tightly held retail strips. Securely leased and with future rental/development (STCA) upside this is a rare opportunity to secure a freehold in a prominent location surrounded by a number of established and national retailers.
Key Property Features:
• Zoning: Commercial 1
• Land Size: 210sqm*
• Total building Area: 160sqm*
• Lease Terms: 3 Years Commencing 1/3/19 with options
• Return: $36363+GST +Outgoings
• Fixed 3% annual increases
• Excellent rear access via paved ROW
• Located approximately 8km from Melbourne's CBD
For all property enquiries or to arrange an inspection, please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.
*all measurements are approximate
For more details, please email agent