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95-103 Johnston Street, FITZROY VIC 3065
Prop ID: 384500
TENDER

20 YEAR LEASE TO COLES - COLES SUPERMARKET PLUS COMMERCIAL CARPARK AND OFFICES *** SOLD ***
95-103 Johnston Street, FITZROY VIC 3065
Building Area:
1,500 m²
Land Area:
1,900 m²
Occupancy:
leased investment
Zoning:
Business 1
Tender Close Date:
10/12/2009 4:00:00 PM

Prime City fringe freestanding retail/commercial investment comprising a recently completed Coles Supermarket plus a 136 bay commercial car park and 2 levels of offices. This is a rare opportunity to acquire a major CBD fringe asset of this class. It offers excellent lease covenants with over 70% of the income being derived from Coles in addition to substantial tax-deprecation benefits. Ability to add further levels onto the existing structure (STCA). Total rental is approximately $984,228 per annum. (Tender Terms:10%/60 Days)


Agent Details

Vinci Carbone Property

L10, 100 Collins Street

Tel: 0396622020

Fax: 0396622040


Contact:

Mr Joseph Carbone

Mobile: 0418 351 316

Email this agent Contact Agent

Contact:

Mr Frank Vinci

Mobile: 0418 375 375

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To:
Vinci Carbone Property, Melbourne

Subject:
Property for tender - ID 384500

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Disclaimer - This listing is provided as a guide only. It is not a legal offer or advice. Whilst the information has been published in good faith, CRE makes no representations or promises as to the accuracy, completeness or currency of the information. You must make your own assessment and obtain advice if necessary. Neither CRE nor its member agents assume any liability (in negligence or otherwise) for any loss or damage which you may suffer as a result of your use of or reliance on this information.

Vinci Carbone Property

Mr Joseph Carbone

0418 351 316

Mr Frank Vinci

0418 375 375

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