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Prominent Swan Street Café Investment

Shop 1/572 Swan Street, RICHMOND VIC, 3121

Sold

Property Sold in Shop 1/572 Swan Street, RICHMOND VIC, 3121

Fitzroys

Level 27 / 360 Collins Street, Melbourne, VIC 3000

Listing ID:
11365568
Status:
Sold
Last Updated:
29/11/2019
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Property Type

Retail
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Land Area

N/A
Icon size

Floor Area

310 SQM
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Parking

N/A

Prominent Swan Street Café Investment

NEW CLOSING DATE - WEDNESDAY 20th NOVEMBER

- Impressive ground floor café of 310sqm* plus 190sqm* of outdoor seating area
- Combined area on title of 500sqm*
- 5 x 5 x 5 year lease to established and well regarded hospitality operator
- Returning $135,200 per annum plus GST
- Fixed annual rental increases
- Highly exposed frontage of 22 metres* to Swan Street and 14 metres* to Central Drive
- Situated at the entrance to the renowned Botanicca Corporate Park
- Future-proof location surrounded by a mix of high grade commercial buildings, hotel accommodation and high density residential
- Major companies occupying neighbouring buildings include David Jones, Country Road, Harris Scarfe, GE, Fulton Hogan and Wells Fargo plus many more
- Strong trading conditions due to high demand from nearby corporate occupiers and the local residential catchment
- Only 4kms* from the CBD and within close proximity to all forms of public transport including Swan Street tram network and a short walk to Heyington and Burnley train stations
- Rare opportunity to invest in one of Melbourne’s most dynamic and tightly held commercial locations

*approx

FOR SALE BY DEADLINE CLOSING WEDNESDAY 20th NOVEMBER AT 2PM

For more details, please email agent

Fitzroys

Level 27 / 360 Collins Street, Melbourne, VIC 3000


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