Ground Floor/424 New Street,
Brighton, VIC 3186
Shops & Retail • Medical & Consulting
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
Ground Floor/424 New Street
Brighton, VIC 3186
Map
Thriving Bayside Melbourne - Brand New 7 Year Lease
- Secure 7 Year Lease - Proven Performer
- Fixed 4% Annual Rent Increases
- High Quality Capital Intensive Fit-out
+ Brand New 7 year lease plus options to 2049.
+ Leased to proven performer Ladygreen Café, licensed café trading since 2018.
+ Tenant pays all usual outgoings as per the lease.
+ Immaculate quality 160sqm* ground floor retail plus 60sqm* alfresco dining & on-site parking.
+ Fixed compounding annual 4% rent increases.
+ Single tenant, minimal management investment located in an award winning retail development.
+ High Quality capital intensive fit-out.
+Superb exposure to busy New Street, a blue-chip retail location and adjoins a brand new Gumnut supermarket due to open in 2022.
+ Brighton: Melbourne’s premier bayside suburb with a median house price of $3,380,000.
+ Net Income: $105,150* + GST.
For Sale by Private Treaty
* Approx
+ Leased to proven performer Ladygreen Café, licensed café trading since 2018.
+ Tenant pays all usual outgoings as per the lease.
+ Immaculate quality 160sqm* ground floor retail plus 60sqm* alfresco dining & on-site parking.
+ Fixed compounding annual 4% rent increases.
+ Single tenant, minimal management investment located in an award winning retail development.
+ High Quality capital intensive fit-out.
+Superb exposure to busy New Street, a blue-chip retail location and adjoins a brand new Gumnut supermarket due to open in 2022.
+ Brighton: Melbourne’s premier bayside suburb with a median house price of $3,380,000.
+ Net Income: $105,150* + GST.
For Sale by Private Treaty
* Approx
Property ID: 504050127Last Updated: 19 Jul 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
DBRE PTY LTD - Moorabbin121 Chesterville Road
MOORABBIN, VIC 3189
MOORABBIN, VIC 3189
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Burgess Rawson - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
NEST Family Clinic, 289-291 Kooyong Road,Elsternwick, VIC 3185 513 m²Medical & Consulting • Shops & Retail • Development Sites & Land