Shop 2, 1 Colombo Street,
Mitcham, VIC 3132
Shops & Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Map of Shop 2, 1 Colombo Street
FULLY LEASED HOSPITALITY INVESTMENT OPPOSITE MITCHAM TRAIN STATION
- Recently renewed 5 year net lease
- Net annual income of $75,554*
- Well exposed 128sqm* corner retail shop
+ Recently renewed 5 year net lease to established hospitality operator Elate Kitchen – 4.1 Stars Zomato
+ Providing a net annual income of $75,554* + GST + Outgoings (after land tax) with favourable 4% annual rental increases
+ Ultimate hospitality location with convenience supported by over 700 free council car parks and 50m* from the Mitcham Train and Bus Station
+ Positioned on the busy thoroughfare between Mitcham Station & Whitehorse Road
+ Well exposed 128sqm* corner retail shop with low outgoings payable and favourable depreciation benefits
For further information please contact the exclusive sales and marketing agents at CBRE:
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au
*Approx
+ Providing a net annual income of $75,554* + GST + Outgoings (after land tax) with favourable 4% annual rental increases
+ Ultimate hospitality location with convenience supported by over 700 free council car parks and 50m* from the Mitcham Train and Bus Station
+ Positioned on the busy thoroughfare between Mitcham Station & Whitehorse Road
+ Well exposed 128sqm* corner retail shop with low outgoings payable and favourable depreciation benefits
For further information please contact the exclusive sales and marketing agents at CBRE:
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au
*Approx
Property ID: 503227938Last Updated: 30 Nov 2021
Shop 2, 1 Colombo Street
Mitcham, VIC 3132
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
