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Conquest Estate Agency - MALVERN

Shop 6, 431 St Kilda Road Melbourne, VIC 3004

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Shop 6, 431 St Kilda Road,
Melbourne, VIC 3004

Shops & Retail

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Map of Shop 6, 431 St Kilda Road

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QAULITY INVESTMENT OPPORTUNITY

  • HIGH QAULITY MODERN FITOUT
  • GOOD LEASE TERMS
  • PRICE REDUCTION
Conquest Commercial are pleased to offer this prime retail investment on the Ground Floor of Fawkner Towers at 431 St Kilda Road. This is an excellent opportunity for investors to buy into one of Melbourne's most prominent precincts.

On offer is a 50 sqm* retail shop which has been fully refurbished and owner occupied as a successful café for 3 years. 

A snapshot of the lease terms are as follows:

- Leased until September 2028 with two further options of 3 years
- Net Rental of $41,000 + Outgoings + GST per annum
- Fixed 4% per annum increases

Fawkner Towers consists of 11 levels of Residential, 3 levels of Offices and 7 other Ground floor shops, therefore providing a large catchment of customers. The surrounding office and residential buildings, also contributes to the success of the current operator. The shop is also only 400 meters* from the under-construction new Anzac underground Railway Station which will no doubt increase retail rents in the area.
 
The St Kilda Road frontage, coupled with the success of this expertly operated café provides a great opportunity for savvy investors.

Please contact Luke Conquest for more information.

*approx

Property ID: 504162499Last Updated: 1 May 2023

Conquest Estate Agency - MALVERN

39A Glenferrie Road
MALVERN, VIC 3144
0432 328 6...
Conquest Estate Agency - MALVERN
Shop 6, 431 St Kilda Road
Melbourne, VIC 3004

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