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Belle Property Commercial - South Melbourne

Shop GZ32, 25 Separation Street Northcote, VIC 3070

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Shop GZ32, 25 Separation Street,
Northcote, VIC 3070

Shops & Retail

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Detailed listing

Key property information

Floor area

Car spaces

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Belle Property Commercial - South Melbourne
Charles Carty
Nick Mavrodoglos

Belle Property Commercial - South Melbourne

100 Tope Street
SOUTH MELBOURNE, VIC 3205
Belle Property Commercial - South Melbourne
Shop GZ32, 25 Separation Street
Northcote, VIC 3070

Detailed listing

Map of Shop GZ32, 25 Separation Street

Directions

It’s Party Time at Northcote Plaza. A Sweet Retail Investment

  • Secure Retail Investment
  • Prominent corner position
  • Thriving inner city shopping precinct
Located in a busy customer thoroughfare within Northcote Plaza Shopping Centre opposite the main southern car-park entrance, this corner retail shop boasts a prominent position close to major anchor tenants, Coles and K-Mart.

Key features:
• Tenancy area: 120 sqm approx
• Business use: Discount Variety Shop
• 5 year lease expiring 30th September, 2022
• 5 year further term
• Current rent: $72,800 per annum net + GST
• Annual 4% rent increase
• Commercial 1 Zone

Northcote Plaza is a thriving shopping centre anchored by 2 Coles Supermarkets, K-Mart and over 60 speciality stores attracting more than 5 million customers annually. 900+ car spaces surround the shopping centre and bus and tram services are available from nearby High Street and Separation Street.

Northcote Plaza has benefitted from the rapid development of residential apartment buildings along High Street and the ever-increasing popularity of Northcote and Thornbury as an inner-city lifestyle hub.

ON-SITE AUCTION: THURSDAY 2nd MAY, 2019 AT 12:00 NOON

Contact Agents:
Charles Carty 0438 277 0...
Nick Mavrodoglos 0402 318 8...




Additional information

Property ID: 503152110Last Updated: 1 Jul 2019

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