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Shop 2, 1 Colombo Street
Mitcham VIC 3132
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Sold on 17 Jul 2019

Shop 2, 1 Colombo Street Mitcham VIC 3132

  • Shop & Retail
  • 128 m²
  • Sold

FULLY LEASED HOSPITALITY INVESTMENT OPPOSITE MITCHAM TRAIN STATION

  • Recently renewed 5 year net lease
  • Net annual income of $75,554*
  • Well exposed 128sqm* corner retail shop

+ Recently renewed 5 year net lease to established hospitality operator Elate Kitchen 4.1 Stars Zomato

+ Providing a net annual income of $75,554* + GST + Outgoings (after land tax) with favourable 4% annual rental increases

+ Ultimate hospitality location with convenience supported by over 700 free council car parks and 50m* from the Mitcham Train and Bus Station

+ Positioned on the busy thoroughfare between Mitcham Station & Whitehorse Road

+ Well exposed 128sqm* corner retail shop with low outgoings payable and favourable depreciation benefits

For further information please contact the exclusive sales and marketing agents at CBRE:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com.au

*Approx

Property Highlights

Date Sold17 Jul 2019
Floor Area128 m²
Land Area128 m²
ParkingOn site parking available
Building TypePartial building
Property ID2017231883
Category
Last updated  30 Nov 2021
Map for Shop 2, 1 Colombo Street Mitcham VIC 3132

Property Highlights

Date Sold17 Jul 2019
Floor Area128 m²
Land Area128 m²
ParkingOn site parking available
Building TypePartial building
Property ID2017231883
Category
Last updated  30 Nov 2021
Level 34, 8 Exhibition Street Melbourne VIC 3000

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