Skip to main content
2/574 Swan Street
Richmond VIC 3121
SearchBack to results

2/574 Swan Street Richmond VIC 3121

  • Shop & Retail
  • 92 m²
  • For Sale, Contact Agent

CIRCA 6% - EXCLUSIVE RETAIL INVESTMENT

    POINT OF INTEREST:

    A truly eye-catching commercial property offering 87 sqm* of prime retail space, leased by the renowned Shuji Sushi Leasing Pty Ltd, trading as Shuji Sushi. Shuji Sushi, founded by brothers Eric and Zar Lee in 2000, has risen to prominence with its commitment to delivering quality, affordable, and authentic Japanese cuisine. Now they boast 20+ stores across the country, priding themselves on delivering the highest of quality. The current lease term spans five (5) years, ensuring long-term stability, with a further five (5) year option. The tenant is responsible for outgoings as per the lease, generating a solid rental income of $57,340.10 per annum plus GST. Additionally, the property includes an additional 5 sqm of storage space, providing ample room for all operational needs. 

    - 92 sqm* of total commercial space
    - Currently leased to Shuji Sushi
    - Recently renewed lease term of five years + five years
    - Commenced 1st November 2022
    - Tenant in occupation since November 2007
    - Solid rental income of $57,340.10 per annum
    - 5 sqm* of separately titled additional storage
    - Commercial 1 Zone (C1Z)
    - High foot traffic and densely populated area

    POINT OF VIEW:

    This property is one of the few retail spaces available within a predominantly office-focused business park. Featuring a secure lease, an accessible price point and a reliable tenant, it presents an excellent investment opportunity for astute investors of all walks of life.

    *Approx.
    Pricing excludes GST

    Property Highlights

    Floor Area92 m²
    Land AreaAsk Agent
    Energy0.5-star NABERS Energy rating
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019257633
    Category
    Last updated  14 Jun 2024
    Map for 2/574 Swan Street Richmond VIC 3121

    Property Highlights

    Floor Area92 m²
    Land AreaAsk Agent
    Energy0.5-star NABERS Energy rating
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019257633
    Category
    Last updated  14 Jun 2024

    Co-Agents

    Luca Angelico
    CVA Property Consultants Pty Ltd
    Call
    0447 772 782
    Hesan Mazaheri
    CVA Property Consultants Pty Ltd
    Call
    0400 786 763

    More Shop & Retail for Sale in Richmond VIC

    Commercial Auction
    389 bridge road,richmond, VIC 3121
    200 m²
    Shop & Retail
    Commercial Auction
    84-88 bridge road,richmond, VIC 3121
    1,227 m²
    Shop & Retail
    For SaleContact Agent
    80-82 bridge road,richmond, VIC 3121
    790 m²
    Shop & Retail