183 High Street,
Kew, VIC 3101
Shops & Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 183 High Street
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
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...
183 High Street
Kew, VIC 3101
Nelson Alexander Commercial - FITZROY187 Gertrude St
FITZROY, VIC 3065
FITZROY, VIC 3065
Contact Agency
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.