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Colliers - Melbourne East

Shops 15 & 16, 284-286 Highett Road Highett, VIC 3190

Shops 15 & 16, 284-286 Highett Road,
Highett, VIC 3190

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Colliers - Melbourne East
Alex Browne
Matt Knox

Colliers - Melbourne East

Level 7, Chadstone Tower One 1341 Dandenong Rd
CHADSTONE, VIC 3148
Colliers - Melbourne East
Shops 15 & 16, 284-286 Highett Road
Highett, VIC 3190

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New 10-year leased investment – the perfect set and forget

  • Strong net rental of $225,000 per annum
  • Fixed 4% annual rent increases
  • In the heart of Highett Rd retail strip
Colliers is delighted to offer a trophy asset investment opportunity at Shops 15 & 16, 284-286 Highett Road, Highett for Private sale. Comprising a brand new 10 year lease in such a popular retail strip on the Bayside, this is an opportunity not to be missed.

Key investment highlights are as follows

• Net income of $225,000 per annum plus GST (approx.)
• New 10 year lease with a 10 year option
• Fixed 4% annual increases
• Tenant trading as the hugely popular F8 Cafe – holding a 4.7/5 star Google rating
• Thriving restaurant with fully fitted commercial kitchen totalling 357sqm
• In the heart of the popular Highett Road retail/entertainment precinct
• Only metres from Highett Railway Station and surrounded by a plethora of popular national brands including Woolworths, BWS, Hunky Dory, Baker’s Delight, Aus Post and many more
• Highly affluent catchment of surrounding residents

Colliers strongly recommends this trophy investment for your serious consideration. For further information please contact the Colliers agents below.

Property ID: 504033791Last Updated: 25 Jul 2022

Colliers - Melbourne East
Level 7, Chadstone Tower One 1341 Dandenong Rd
CHADSTONE, VIC 3148

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