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Shop 1, 140 Cotham Road
Kew VIC 3101
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Sold on 10 Oct 2022

Shop 1, 140 Cotham Road Kew VIC 3101

  • Shop & Retail
  • 353 m²
  • Sold

STUNNING RETAIL INVESTMENT WITH NO EXPENSE SPARED!

  • 4-Year lease to Chef David
  • Strong annual rental with fixed increase
  • Stunning fit-out with no expense spared

Colliers is pleased to offer for sale Shop 1, 140 Cotham Road, Kew. This securely leased retail investment is located on the ground floor of 'Inqu', a four-level mixed-use development, featuring 36 luxury residences in the heart of Kew.

Shop 1, 140 Cotham Road benefits from a four-year lease to Solarace by Chef David with further options and strong annual rental increases.

Key highlights include:

- Securely leased to Solarace by Chef David, a leading Chinese restaurant with over 30 years of hospitality experience and multiple locations across Melbourne
- New 4-year lease with options, providing strong rental of $176,000* per annum and fixed 3.5% annual rental increases
- Boasting an expansive floor area of 353m²*
- Located in one of Melbourne's most highly regarded cosmopolitan areas supported by retail and hospitality amenity, primary and secondary schools, public transport, sporting grounds and various medical facilities
- Brand new modern fit out offering significant depreciation benefits

*approximately

EXPRESSION OF INTEREST

Closing date and time07/09/2022 15:00
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Date Sold10 Oct 2022
Floor Area353 m²
Land AreaAsk Agent
ParkingOn street parking
Property ID2017984035
Category
Last updated  17 Oct 2022
Map for Shop 1, 140 Cotham Road Kew VIC 3101

Property Highlights

Date Sold10 Oct 2022
Floor Area353 m²
Land AreaAsk Agent
ParkingOn street parking
Property ID2017984035
Category
Last updated  17 Oct 2022
Chadstone Tower One Level 7, 1341 Dandenong Road Chadstone VIC 3148
Colliers International | Melbourne East
Colliers International | Melbourne East

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