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183 High Street Kew, VIC 3101

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183 High Street,
Kew, VIC 3101

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Investment Freehold

As new investment freehold adjacent to Woolworths in the heart of Kew Junction shopping centre.

The property comprises of two tenancies:
Tenancy 1 Bank of Melbourne. 7 year lease commenced March 2014 with three further options of five years available. Current rent $140,000 per annum plus all outgoings with fixed annual rent review of 3%.

Tenancy 2 Bendigo Bank. Current 5 year lease commenced September 2011 with one further option of five years available. Current rent $60,600 per annum plus outgoings except land tax with fixed annual rent reviews of 4%.

Total building area of 183 High Street, Kew 358 sq m approx.
Total Rental income for 183 High Street, Kew - $200,600 per annum

Property ID: 501406035Last Updated: 30 May 2018

03 9419 55...
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183 High Street
Kew, VIC 3101
Nelson Alexander Commercial - FITZROY
187 Gertrude St
FITZROY, VIC 3065
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