71 Church Street,
Richmond, VIC 3121
Shops & Retail
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Map of 71 Church Street
Affordable Corner Investment
- Brand new 5 year lease
- Annual rental of $50,700 p.a
- Fixed 4.5% rent increases
Colliers International is pleased to offer an extremely affordable investment in the heart of Church Street, Richmond. Leased to a popular café on a brand new 5 year term with strong 4.5% annual rent increases, this corner retail/residential investment is not to be missed.
Key investment highlights below:
• Brand new 5x2x2 year term
• Currently returning $50,700 p.a
• 4.5% fixed annual increases
• Potential to refurbish/redevelop in future (STCA)
• Ground floor retail with first floor residence
• Brilliant corner land holding of 120m²*
• New café fit-out offering a multitude of indoor and alfresco dining options
• Quality two storey building offers extension opportunities
• Well situated in the heart of Church Street, Richmond
• Strong catchment of surrounding residents and business workers
Colliers International strongly recommends this property for your serious consideration.
Key investment highlights below:
• Brand new 5x2x2 year term
• Currently returning $50,700 p.a
• 4.5% fixed annual increases
• Potential to refurbish/redevelop in future (STCA)
• Ground floor retail with first floor residence
• Brilliant corner land holding of 120m²*
• New café fit-out offering a multitude of indoor and alfresco dining options
• Quality two storey building offers extension opportunities
• Well situated in the heart of Church Street, Richmond
• Strong catchment of surrounding residents and business workers
Colliers International strongly recommends this property for your serious consideration.
Property ID: 502420826Last Updated: 18 Jan 2018
71 Church Street
Richmond, VIC 3121
Colliers - Melbourne EastLevel 7, Chadstone Tower One, 1341 Dandenong Rd
CHADSTONE, VIC 3148
CHADSTONE, VIC 3148
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