Shop 24, 1 Queens Road,
Melbourne, VIC 3004
Shops & Retail
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Map of Shop 24, 1 Queens Road
Affordable Retail Investment
- Tightly held retail location
- Long term lease
- Attractive net yield
Savills is pleased to present the opportunity to purchase Shop 24, 1 Queens Road for Immediate Private Sale.
Key attributes of this fantastic property are:
- Outstanding ground level retail investment
- 7 year lease from 1 May 2010 with 5 x 7 year options
- Very strongly performing tenant
- Net rental: $44,834 per annum + outgoings & GST
- Fixed annual 4% rental growth
- Tenant pays all outgoings
- An ideal retail location at the base of a major office building housing over 2,000 workers, and a huge surrounding office population
- A very tightly held location with few opportunities to purchase and zero vacancy
This fantastic retail investment property is for Immediate Private Sale.
Please contact Jesse Radisich (0402 085 702) at Savills for further information.
Key attributes of this fantastic property are:
- Outstanding ground level retail investment
- 7 year lease from 1 May 2010 with 5 x 7 year options
- Very strongly performing tenant
- Net rental: $44,834 per annum + outgoings & GST
- Fixed annual 4% rental growth
- Tenant pays all outgoings
- An ideal retail location at the base of a major office building housing over 2,000 workers, and a huge surrounding office population
- A very tightly held location with few opportunities to purchase and zero vacancy
This fantastic retail investment property is for Immediate Private Sale.
Please contact Jesse Radisich (0402 085 702) at Savills for further information.
Property ID: 501105087Last Updated: 16 Jun 2021
Shop 24, 1 Queens Road
Melbourne, VIC 3004
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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