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95-103 Johnston Street, FITZROY VIC 3065

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For TENDER

Retail/Shops/Shopping Ctrs/Service Stns
Land size:
1900 sq.m
Building size:
1500 sq.m
Property ID:
384500

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20 YEAR LEASE TO COLES - COLES SUPERMARKET PLUS COMMERCIAL CARPARK AND OFFICES *** SOLD ***

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)

Summary

Building Area
1,500 m²
Land Area
1,900 m²
Occupancy
leased investment
Zoning
Business 1

Tender Information

Tender Close Date
10/12/2009 16:00:00

More information


Address is approximate.