Shop 26, 1 Queens Road Melbourne VIC 3000

Savills is delighted to present the opportunity to purchase this prime, affordable retail investment at Shop 26 at 1 Queens Road, Melbourne. Situated at the base of a major office building that has in excess of 2,000 workers above, this property is ideally situated to capture a high level of retail trade from the huge surrounding office population.

As such, this fantastic retail property represents a high quality investment with very strong prospects for future growth with the following key attributes:

- High profile retail investment
- Strategically positioned at entrance to building
- Part of a busy ground level retail precinct
- Brand new 10 + 10 + 10 + 10 year lease from July 2017
- Current Net Rental of $75,000 pa* + outgoings & GST
- Fixed annual rental increases of 3%
- Highly regarded, longstanding and successful tenant
- Ideal retail location and strong catchment surrounded by significant office population including 2,000+ *workers within offices above
- A very tightly held retail location with few opportunities to purchase and zero vacancy

The opportunity to purchase such an affordable, prime retail property in Melbourne's premier commercial boulevard is rare, and we encourage prospective purchasers to actively consider this excellent opportunity.

Shop 26, 1 Queens Road, Melbourne is for Immediate Private Sale.

Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888