30 The Esplanade St Kilda VIC 3182

A remarkable retail investment with a long term lease, strongly trading tenant, fixed growth and a prime St Kilda location.

- Large ground level shop of 370sq m* with two basement car spaces
- 10+5+5 year lease to "Phamish" from December 2009
- Current Net Rental: $166,308 pa* + O/G's & GST
- Fixed 3.5% annual rental growth
- Striking modern building completed in 2009 with outstanding internal fit out providing for significant potential depreciation benefits
- Prime St Kilda location within Melbourne's most vibrant lifestyle district, opposite Luna Park, Palais Theatre, St Kilda Foreshore and metres from Acland and Carlisle Streets
- A fantastic retail investment!

For Immediate Sale!