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Shop 24/1 Queens Road
Melbourne VIC 3004
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Sold on 8 Aug 2014

Shop 24/1 Queens Road Melbourne VIC 3004

  • Shop & Retail
  • 19 m²
  • Sold

Affordable Retail Investment

  • Tightly held retail location
  • Long term lease
  • Attractive net yield

Savills is pleased to present the opportunity to purchase Shop 24, 1 Queens Road for Immediate Private Sale.

Key attributes of this fantastic property are:

- Outstanding ground level retail investment
- 7 year lease from 1 May 2010 with 5 x 7 year options
- Very strongly performing tenant
- Net rental: $44,834 per annum + outgoings & GST
- Fixed annual 4% rental growth
- Tenant pays all outgoings
- An ideal retail location at the base of a major office building housing over 2,000 workers, and a huge surrounding office population
- A very tightly held location with few opportunities to purchase and zero vacancy

This fantastic retail investment property is for Immediate Private Sale.

Please contact Jesse Radisich (0402 085 702) at Savills for further information.

Property Highlights

Date Sold8 Aug 2014
Floor Area19 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypePartial building
Property ID2011109483
Category
Last updated  16 Jun 2021
Map for Shop 24/1 Queens Road Melbourne VIC 3004

Property Highlights

Date Sold8 Aug 2014
Floor Area19 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypePartial building
Property ID2011109483
Category
Last updated  16 Jun 2021
Level 29, South Tower, 80 Collins Street, Melbourne VIC 3000

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