381-385 High Street,
Northcote, VIC 3070
Shops & Retail
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Map of 381-385 High Street
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- National branded tenancy covenant
- Land area of 690m² (approx)
- Prime corner location
Colliers International and O’Callaghan Commercial is pleased to offer for sale one of Melbourne’s most exciting retail investment opportunities.
Combine the property attributes of location, corner block and land holding with the national branded tenancy covenant this property is surpassed by none. Opportunities such as this are rare to come by and this property ticks every box including future value adding potential (STCA).
The most outstanding aspects of this property include:
• Main road exposure
• Current net income $98,880 p.a.
• Securely leased until 28th February 2017
• Two (2) further terms of five (5) years
• In built rental growth of a fixed 4% annually
• Market review upon exercise of option
For more information please phone conjunctional agent David O'Callaghan on 0417 206 707 or Andrew Ryan on 0408 543 527.
Combine the property attributes of location, corner block and land holding with the national branded tenancy covenant this property is surpassed by none. Opportunities such as this are rare to come by and this property ticks every box including future value adding potential (STCA).
The most outstanding aspects of this property include:
• Main road exposure
• Current net income $98,880 p.a.
• Securely leased until 28th February 2017
• Two (2) further terms of five (5) years
• In built rental growth of a fixed 4% annually
• Market review upon exercise of option
For more information please phone conjunctional agent David O'Callaghan on 0417 206 707 or Andrew Ryan on 0408 543 527.
Property ID: 500727083Last Updated: 14 May 2014
03 8562 11...
381-385 High Street
Northcote, VIC 3070
Colliers - Melbourne EastLevel 7, Chadstone Tower One 1341 Dandenong Rd
CHADSTONE, VIC 3148
CHADSTONE, VIC 3148
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525 High St,Northcote, VIC 3070 99 m²Shops & Retail • Development Sites & Land • Offices
