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48-50 Douglas Parade Williamstown, VIC 3016

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48-50 Douglas Parade,
Williamstown, VIC 3016

Shops & Retail

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Map of 48-50 Douglas Parade

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Bank on this for the Future - New 7 Yr Lease to CBA

Fitzroys is putting to auction the incredibly rare offering of a substantial freehold investment with a new long lease to the CBA in a prime retail location directly opposite Coles supermarket, on Wednesday, 11th May from 12pm on site.

48-50 Douglas Parade Williamstown
- New 7 year lease to CBA.
- Land area: 312 sqm with rear access on large public carpark.
- Building area 240sqm approx. with wide frontage.
- Current rent $169,033 pa plus gst and all outgoings including Land tax and management fees.


Key Features:
- Undisputedly the Best Retail Location in Williamstown directly opposite top performing Coles supermarket.
- Strategic and irreplaceable holdings with significant development upside STCA.
- Significant depreciation benefits: Buildings completed in 2014.
- Highly sought after waterfront suburb with enormous growth prospects.
- Excellent rental growth prospects.

Property ID: 501911682Last Updated: 14 Feb 2017

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48-50 Douglas Parade
Williamstown, VIC 3016
Fitzroys - Melbourne
Level 27, 360 Collins Street
MELBOURNE, VIC 3000

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