Located in a busy customer thoroughfare within Northcote Plaza Shopping Centre opposite the main southern car-park entrance, this corner retail shop boasts a prominent position close to major anchor tenants, Coles and K-Mart.
Key features:
Tenancy area: 120 sqm approx
Business use: Discount Variety Shop
5 year lease expiring 30th September, 2022
5 year further term
Current rent: $72,800 per annum net + GST
Annual 4% rent increase
Commercial 1 Zone
Northcote Plaza is a thriving shopping centre anchored by 2 Coles Supermarkets, K-Mart and over 60 speciality stores attracting more than 5 million customers annually. 900+ car spaces surround the shopping centre and bus and tram services are available from nearby High Street and Separation Street.
Northcote Plaza has benefitted from the rapid development of residential apartment buildings along High Street and the ever-increasing popularity of Northcote and Thornbury as an inner-city lifestyle hub.
ON-SITE AUCTION: THURSDAY 2nd MAY, 2019 AT 12:00 NOON
Contact Agents:
Charles Carty 0438 277 050
Nick Mavrodoglos 0402 318 825
