When calling, please use enquiry code 514858

A high-quality retail investment in one of the Melbourne CBD’s most tightly held and high-growth precincts is for sale.

This attractive entry level Melbourne CBD retail investment can be summarised by the following key features:

+ Offered fully leased to a milk tea business on a 5+3+3 year net lease returning $60,000 + GST+ outgoings per annum with 3% fixed annual increases

+ Including 2 car spaces and 3 storage rooms, providing significant added value and operational convenience for the tenant

+ Commercial kitchen and excellent floor to ceiling windows

+ A high ceiling potential for internal mezzanine level, creating extra floor space

+ Located in the heart of the Melbourne CBD’s university precinct surrounded by the highest density of residential and student accommodation towers with immediate access to Elizabeth Street tram network and Melbourne central Train Station

+ Set to benefit from two upcoming landmark developments in Journal & Brookfield’s 39-level 100 Franklin Street project delivering 1,038 student beds as well as Lendlease’s transformative Queen Victoria Market redevelopment with 1,151 student beds as well as over 43,000 square metres of office across the three towers

This is your chance to secure an entry level Melbourne CBD retail investment secured by a longstanding tenant in a high-growth precinct.

When calling, please use enquiry code 514858