1/601 Little Collins Street,
Melbourne, VIC 3000
Shops & Retail
Price information
Sold
$750,000
Key property information
Land area
Floor area
Sold on
Map of 1/601 Little Collins Street
High Yielding Retail Investment in Quickly growing West end of CBD
* Strategic location in Little Collins, close to the new "The Age" headquarters, Southern Cross Railway Station
* Opportunity for Capital growth as yields compress
* Tenant has 5% annual rent increases; current net lease of $60,637.50 plus outgoings plus gst
* 5 year lease with 5 year option
* Security deposit equal to 6 months rent
* Lease has 2 personal guarantors
* 8% net return
* Currently operating as "East Cafe"
Please call Gideon Marcus 0423 560 045
* Opportunity for Capital growth as yields compress
* Tenant has 5% annual rent increases; current net lease of $60,637.50 plus outgoings plus gst
* 5 year lease with 5 year option
* Security deposit equal to 6 months rent
* Lease has 2 personal guarantors
* 8% net return
* Currently operating as "East Cafe"
Please call Gideon Marcus 0423 560 045
Additional information
External websites
Property ID: 5588004Last Updated: 30 Sep 2013
03 9421 70...
1/601 Little Collins Street
Melbourne, VIC 3000
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RICHMOND, VIC 3121
RICHMOND, VIC 3121
Contact Agency
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