T11 & 219, 530 Little Collins Street,
Melbourne, VIC 3000
Shops & Retail
Price information
Sold
$508,000
Key property information
Land area
Floor area
Zoning
Sold on
Map of T11 & 219, 530 Little Collins Street
HIGH YIELDING RETAIL NEWS AGENCY FREEHOLD
- High Yielding Retail Investment
- 8% return
- Tenant pays ususal outgoings
- Awesome high yielding retail investment!
- Nearly 6 metre frontage
- Exchange Tower News-agency has a highly prominent position in the Exchange Tower building
- Extra storage space is included with lot 219
- 5 year lease with one further 5 year option
- 4% annual rent increases
- Lease commenced 16/8/2015 for 5 years
- Currently tenant paying $47,896.68 plus GST plus usual outgoings
Tenant pays outgoings, which are approximately:
Owners Corp $4000 plus GST pa
Council rates $2000 plus GST pa
Water Rates $1000 plus GST pa
- Nearly 6 metre frontage
- Exchange Tower News-agency has a highly prominent position in the Exchange Tower building
- Extra storage space is included with lot 219
- 5 year lease with one further 5 year option
- 4% annual rent increases
- Lease commenced 16/8/2015 for 5 years
- Currently tenant paying $47,896.68 plus GST plus usual outgoings
Tenant pays outgoings, which are approximately:
Owners Corp $4000 plus GST pa
Council rates $2000 plus GST pa
Water Rates $1000 plus GST pa
Additional information
External websites
Property ID: 500590387Last Updated: 3 Apr 2019
Teska Carson Pty Ltd - Richmond
6 Yorkshire StreetRICHMOND, VIC 3121
03 9421 70...
T11 & 219, 530 Little Collins Street
Melbourne, VIC 3000
Teska Carson Pty Ltd - Richmond6 Yorkshire Street
RICHMOND, VIC 3121
RICHMOND, VIC 3121
Contact Agency
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