Share this property

realcommercial.com.au

2/574 Swan Street Richmond, VIC 3121

Directions

2/574 Swan Street,
Richmond, VIC 3121

Shops & Retail • Showrooms & Large Format Retail • Offices

Price information

Sale

Contact Agent

Key property information

Floor area

Zoning

Tenure type

Private inspections

to arrange a private inspection.

Map of 2/574 Swan Street

Directions
  • Train stations within 5 km of 2/574 Swan Street, Richmond, VIC 3121Distance
    Hawthorn Station617 m
    Heyington Station919 m
    Burnley Station1.1 km
    Glenferrie Station1.6 km
    Kooyong Station1.9 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 2/574 Swan Street, Richmond, VIC 3121Distance
    17-Madden GR/Swan St (Richmond)270 m
    29-Power St/Riversdale Rd (Hawthorn)549 m
    28-Wattle Rd/Power St (Hawthorn)589 m
    25-St James Park/Burwood Rd (Hawthorn)628 m
    16-Park GR/Swan St (Burnley)663 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 2/574 Swan Street, Richmond, VIC 3121Distance
    Elgin Pl/Power St (Hawthorn)842 m
    Grace Park/Power St (Hawthorn)1 km
    Grange RdBruce St1.4 km
    Balmerino Ave/Bruce St (Toorak)1.5 km
    Como Park/Alexandra Ave (South Yarra)1.6 km
    POWERED BY HERE ©
POWERED BY HERE ©

CIRCA 6% - EXCLUSIVE RETAIL INVESTMENT

POINT OF INTEREST:

A truly eye-catching commercial property offering 87 sqm* of prime retail space, leased by the renowned Shuji Sushi Leasing Pty Ltd, trading as Shuji Sushi. Shuji Sushi, founded by brothers Eric and Zar Lee in 2000, has risen to prominence with its commitment to delivering quality, affordable, and authentic Japanese cuisine. Now they boast 20+ stores across the country, priding themselves on delivering the highest of quality. The current lease term spans five (5) years, ensuring long-term stability, with a further five (5) year option. The tenant is responsible for outgoings as per the lease, generating a solid rental income of $57,340.10 per annum plus GST. Additionally, the property includes an additional 5 sqm of storage space, providing ample room for all operational needs. 

- 92 sqm* of total commercial space
- Currently leased to Shuji Sushi
- Recently renewed lease term of five years + five years
- Commenced 1st November 2022
- Tenant in occupation since November 2007
- Solid rental income of $57,340.10 per annum
- 5 sqm* of separately titled additional storage
- Commercial 1 Zone (C1Z)
- High foot traffic and densely populated area

POINT OF VIEW:

This property is one of the few retail spaces available within a predominantly office-focused business park. Featuring a secure lease, an accessible price point and a reliable tenant, it presents an excellent investment opportunity for astute investors of all walks of life.

*Approx.
Pricing excludes GST

Property ID: 504598528Last Updated: 14 Jun 2024

realcommercial.com.au logo
2/574 Swan Street
Richmond, VIC 3121
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from CVA Property Consultants - Melbourne

Other properties you might be interested in based on the location and property type you are looking at.