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Shop 2/198 St Kilda Road
St Kilda VIC 3182
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Sold on 22 Nov 2019

Shop 2/198 St Kilda Road St Kilda VIC 3182

  • Shop & Retail
  • 52 m²
  • Sold, $440,000

SUPER INVESTMENT, HIGH YIELD 5.5%

Securely leased new retail corner premises boasting 2 street frontages of approximately 10 metres in total, complete with 1 secure undercover carpark on title.

Leased to a commercial/domestic cleaning company until April, 2022 returning $24,440 pa + GST net rental with 4% annual increases and one further term of two years. Commercial 1 zoning. Easy on-street parking. This fabulous location offers huge exposure for signage on windows for tenant on St Kilda Road.

Call now to advance your interest.

Disclaimer:
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers/lessees are advised to carry out their own investigations.

Property Highlights

Date Sold22 Nov 2019
Sold Price$440,000
Floor Area52 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2015792278
Category
Last updated  25 Nov 2019
Map for Shop 2/198 St Kilda Road St Kilda VIC 3182

Property Highlights

Date Sold22 Nov 2019
Sold Price$440,000
Floor Area52 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2015792278
Category
Last updated  25 Nov 2019
Level 1, 68 Clarke St South Melbourne VIC 3205
Lemon Baxter Pty Ltd
Lemon Baxter Pty Ltd

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