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Colliers International - Melbourne

Shop 9, 1 Queens Road Melbourne, VIC 3004

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Shop 9, 1 Queens Road,
Melbourne, VIC 3004

Shop & Retail

Price information

Sale - Expression of Interest closing Thu 30 Jul

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Key property information

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$49,703

Expression of Interest

Closing

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Colliers International - Melbourne
Shop 9, 1 Queens Road
Melbourne, VIC 3004
Colliers International - Melbourne
Anthony Kirwan

Colliers International - Melbourne

Level 30, 367 Collins Street
MELBOURNE, VIC 3000

Map of Shop 9, 1 Queens Road

Directions
  • Train stations within 5 km of Shop 9, 1 Queens Road, Melbourne, VIC 3004Distance
    South Yarra Railway Station1.7 km
    Flinders Street Railway Station2 km
    Prahran Station2.1 km
    Jolimont Station2.3 km
    Southern Cross Station2.6 km
    POWERED BY HERE ©
  • Tram stops within 5 km of Shop 9, 1 Queens Road, Melbourne, VIC 3004Distance
    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 m
    POWERED BY HERE ©
  • Bus stops within 5 km of Shop 9, 1 Queens Road, Melbourne, VIC 3004Distance
    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 m
    POWERED BY HERE ©
POWERED BY HERE ©

AFFORDABLE RETAIL INVESTMENT

  • 5x5 YEAR LEASE TO EXPERIENCED OPERATOR
  • LOCATED IN 15-LEVEL OFFICE BUILDING
  • ATTRACTIVE NET YIELD ON OFFER
Colliers International is pleased to present for sale an outstanding entry level retail investment at the base of one of Melbourne’s most renowned city fringe office towers overlooking Albert Park Lake.

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.

(*approx.)

Property ID: 503588198Last Updated: 7 Jul 2020

Agency contacts

Colliers International - Melbourne
Colliers International - Melbourne
Level 30, 367 Collins Street
MELBOURNE, VIC 3000
View agency profile
Colliers International - Melbourne East
Colliers International - Melbourne East
Level 7, Chadstone Tower One, 1341 Dandenong Rd
CHADSTONE, VIC 3148
View agency profile
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Anthony Kirwan

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Anthony Kirwan
Colliers International - Melbourne
Shop 9, 1 Queens Road Melbourne, VIC 3004

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Anthony Kirwan

    Anthony Kirwan

    Colliers International - Melbourne
    0431 *** ***
  • Raphael Favas

    Raphael Favas

    Colliers International - Melbourne East
    +61 *** ***