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120 Bay Street Port Melbourne, VIC 3207

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120 Bay Street,
Port Melbourne, VIC 3207

Shops & Retail

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PRIME BAY STREET PORT MELBOURNE RETAIL INVESTMENT

  • MULTI AWARD WINNING TENANT
  • NEW 5 YEAR NET LEASE
  • PRIME RETAIL LOCATION
Prime 103sqm retail investment leased to multi award winning hairdresser "Greenelement"

Double fronted investment across two (2) shops providing for future flexibility and rental growth

A Grade fit-out immediately adjoining national retailers

Located in one of Melbourne's retail strip Bay Street, Port Melbourne

Secure lease term of five (5) years with two further five (5) year options (commenced 1st August 2014) with fixed 3% annual increases

Net annual income $87,719 pa

7 day trading conditions driven by high traffic flow 7 days a week

Property ID: 501614305Last Updated: 6 Oct 2016

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120 Bay Street
Port Melbourne, VIC 3207
CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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