Shop 9, 1 Queens Road,
Melbourne, VIC 3004
Key property information
Tenanted Investment Details
Expression of Interest
to arrange a private inspection.
Map of Shop 9, 1 Queens Road
Train stations within 5 km of Shop 9, 1 Queens Road, Melbourne, VIC 3004 Distance South Yarra Railway Station 1.7 km Flinders Street Railway Station 2 km Prahran Station 2.1 km Jolimont Station 2.3 km Southern Cross Station 2.6 kmPOWERED BY HERE © Tram stops within 5 km of Shop 9, 1 Queens Road, Melbourne, VIC 3004 Distance 22-Toorak Rd/St Kilda Rd (Melbourne City) 178 m Arthur St/ST Kilda Rd (Melbourne City) 341 m 119-Wells St/Park St (South Melbourne) 452 m 20-Park Street/St Kilda Rd (Melbourne City) 454 m 123-Fawkner Park/Toorak Rd (South Yarra) 673 mPOWERED BY HERE © Bus stops within 5 km of Shop 9, 1 Queens Road, Melbourne, VIC 3004 Distance Arthur St/ST Kilda Rd (Melbourne City) 341 m Slater St/ST Kilda Rd (Melbourne City) 363 m Domain Interchange/St Kilda Rd (Melbourne City) 480 m Melbourne Observatory/Birdwood Ave (Melbourne City) 668 m Shrine of Remembrance/Birdwood Ave (Melbourne City) 679 mPOWERED BY HERE ©
AFFORDABLE RETAIL INVESTMENT
- 5x5 YEAR LEASE TO EXPERIENCED OPERATOR
- LOCATED IN 15-LEVEL OFFICE BUILDING
- ATTRACTIVE NET YIELD ON OFFER
Shop 9, 1 Queens Road comprises the following key attributes:
- Ground floor retail investment located within the iconic St Kilda Road Towers building;
- Leased to longstanding tenant, ‘Sweet Chilli Thai’;
- Renewed 5-year lease with estimated current net income of $49,703 p.a. + GST + Outgoings plus one further option of 5-years;
- Fixed 3.00% annual rental increases;
- Located within 15-level commercial office building housing in excess of 2,500 occupants*;
- Set to benefit enormously from the future construction of Anzac Train Station.
Colliers International strongly recommends this rare opportunity for your serious consideration.
Property ID: 503588198Last Updated: 7 Jul 2020