71 Church Street Richmond VIC 3121

Colliers International is pleased to offer an extremely affordable investment in the heart of Church Street, Richmond. Leased to a popular café on a brand new 5 year term with strong 4.5% annual rent increases, this corner retail/residential investment is not to be missed.

Key investment highlights below:

• Brand new 5x2x2 year term
• Currently returning $50,700 p.a
• 4.5% fixed annual increases
• Potential to refurbish/redevelop in future (STCA)
• Ground floor retail with first floor residence
• Brilliant corner land holding of 120m²*
• New café fit-out offering a multitude of indoor and alfresco dining options
• Quality two storey building offers extension opportunities
• Well situated in the heart of Church Street, Richmond
• Strong catchment of surrounding residents and business workers

Colliers International strongly recommends this property for your serious consideration.

*approx.