2/574 Swan Street,
Richmond, VIC 3121
Shops & Retail • Showrooms & Large Format Retail • Offices
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Map of 2/574 Swan Street
Train stations within 5 km of 2/574 Swan Street, Richmond, VIC 3121 Distance Hawthorn Station 617 m Heyington Station 919 m Burnley Station 1.1 km Glenferrie Station 1.6 km Kooyong Station 1.9 km POWERED BY HERE ©Tram stops within 5 km of 2/574 Swan Street, Richmond, VIC 3121 Distance 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 3121 Distance Elgin Pl/Power St (Hawthorn) 842 m Grace Park/Power St (Hawthorn) 1 km Grange RdBruce St 1.4 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
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
2/574 Swan Street
Richmond, VIC 3121
CVA Property Consultants - Melbourne18-20 Russell Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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