53 Stewart Street,
Richmond, VIC 3121
Shops & Retail • Offices
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Map of 53 Stewart Street
INVESTMENT WITH CAPTURED CLIENTELE
- TWO TENANTS, ONE TITLE
- HIGHLY SOUGHT LOCATION
- AFFORDABLE INVESTMENT
Cafe:
• Established business, the only cafe within immediate residential/commercial precinct
• Lease Term: 5 years
• Commenced: 1st May 2011
• Rental: $30,387pa approx
• Rental Reviews: Annual 5% increases
Ground Floor Office Suite:
• Architect's office with excellent exposure and amenity
• Lease Term: 2 years
• Commenced: 18th September 2012
• Rental: $15,000pa approx
• Rental Reviews: Annual 4% increases with market review on exercise of option
TOTAL COMBINED INCOME: $45,387pa approx
• Established business, the only cafe within immediate residential/commercial precinct
• Lease Term: 5 years
• Commenced: 1st May 2011
• Rental: $30,387pa approx
• Rental Reviews: Annual 5% increases
Ground Floor Office Suite:
• Architect's office with excellent exposure and amenity
• Lease Term: 2 years
• Commenced: 18th September 2012
• Rental: $15,000pa approx
• Rental Reviews: Annual 4% increases with market review on exercise of option
TOTAL COMBINED INCOME: $45,387pa approx
Property ID: 500618111Last Updated: 14 Jan 2015
03 9654 86...
53 Stewart Street
Richmond, VIC 3121
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
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