Brand New Affordable Retail Investment
Savills Melbourne is delighted to offer for sale this brand new retail tenancy in Melbourne’s evolving northern suburbs at 5 High Street, Preston. This property represents a fantastic opportunity to secure a prime retail investment with a new long-term lease with options to a highly reputable tenant.
The key attributes of the property include:
- Brand new 163sq m* retail premises
- New 5+5+5 year lease from January 2018
- Net Rental: $54,080 per annum* (as at Jan 2019) + Outgoings
- Fixed annual 4% rental reviews
- Includes 2 secure car spaces on title
- Well renowned tenant ‘I Lo...
Expressions of Interest
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