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Lot 1, 593 Elizabeth Street, Melbourne, Vic 3000

Lot 1, 593 Elizabeth Street, Melbourne, Vic 3000

Retail Offices

  • For Sale
  • Contact Agent
  • For Sale

OUTSTANDING CBD RETAIL INVESTMENT

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

  • Floor Area
  • 60 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Jun 18, 2019
  • Car Spaces
  • 2
  • Parking Comments
  • 2 secure car spaces
  • Zoning
  • Commercial 1

Interested in this property? Contact an Agent today

Allard Shelton Pty Ltd - Melbourne

Level 3, 267 Collins Street

Melbourne Vic 3000

Joseph Walton, Allard Shelton Pty Ltd - Melbourne
Joseph Walton
James Gregson, Allard Shelton Pty Ltd - Melbourne
James Gregson
Michael Ryan, Allard Shelton Pty Ltd - Melbourne
Michael Ryan

OUTSTANDING CBD RETAIL INVESTMENT

* 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

Lot 1, 593 Elizabeth Street, Melbourne, Vic 3000

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