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Teska Carson Pty Ltd - Richmond

137 Queens Parade Clifton Hill, VIC 3068

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137 Queens Parade,
Clifton Hill, VIC 3068

Shops & Retail

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Teska Carson Pty Ltd - Richmond
Luke Bisset

Teska Carson Pty Ltd - Richmond

6 Yorkshire Street
RICHMOND, VIC 3121
04003442...
Teska Carson Pty Ltd - Richmond
137 Queens Parade
Clifton Hill, VIC 3068

Map of 137 Queens Parade

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ENTRY LEVEL RETAIL INVESTMENT IN SOUGHT AFTER QUEENS PARADE SHOPPING VILLAGE

  • CIRCA 5% RETURN
  • 12 YEAR CLIFTON HILL TENANT
  • $39,000 PER ANNUM NET
Teska Carson is pleased to present the opportunity to purchase 137 Queens Parade, Clifton Hill with the following key attributes:

Securely leased retail investment positioned within the established and highly sought after mixed-use precinct of Clifton Hill.

Leased to longstanding Clifton Hill tenant ‘Biba’ Hair Salon, and operated by award winning franchisee Dean Tsopanis.

Lease term: Three (3) years + three (3) years having commenced 28 July 2020.

Currently providing an annual income of $39,000 per annum Net + GST & Outgoings.

Building area of 62sqm.

Annual increases.

Situated in the heart of Clifton Hill’s sought after Queens Parade Shopping Village, and only 3km* from Melbourne’s CBD.

Ideally positioned within 50m* of brand new Woolworths Metro, ensuring consistent high foot traffic.

Close proximity to major arterial routes such as Alexander Parade, Heidelberg Road and the Eastern Freeway.

Well serviced by an abundance of public transport amenities such Clifton Hill Train Station, bus routes 504, 546 and the no. 86 & 11 tram.

Please call for further information.

*Approx.

Property ID: 503780754Last Updated: 10 Aug 2021

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Teska Carson Pty Ltd - Richmond
6 Yorkshire Street
RICHMOND, VIC 3121

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