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Sapphire Essence, Shop 1G/759 Bourke Street Docklands, VIC 3008

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For Sale

Sapphire Essence, Shop 1G/759 Bourke Street Docklands, VIC 3008

Shop & Retail • Offices • Medical & Consulting
Sale Price

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Land area

57.0m²

Floor area

57.0m²

Property extent

Partial

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Partially Leased
Est. Incomep.a.
$49,260
Number of Tenants
1 Tenant
Tenants / Type
Sapphire Essence

Affordable Melbourne CBD Retail Investment

  • Renewed 5 Year Net Lease To 2023
  • Fixed 4% Annual Rent Increases
  • Longstanding Tenant
Renewed 5 year lease to Sept 2023 plus options to 2038.
Fixed 4% annual rent reviews.
Tenant pays all usual outgoings as per the Lease.
Secure lease with three month security deposit & Director’s Guarantee.
Immaculately presented 57 sqm retail tenancy plus two valuable, undercover and secure car parking spaces on separate titles.
Blue chip retail position with 5 metre frontage opposite Marvel Stadium, Quest and ground floor of 350 apartment development.
Hairdressing business on-site since building completion - 2004.
Sapphire Essence: hugely popular hairdresser with strong online presence – 10k likes on Facebook, 7k on Instagram.
Docklands: proven commercial/retail/residential precinct and extension of Melbourne’s CBD. National headquarters for NAB, ANZ, Bendigo Bank, Medibank, Myer, Channel 9, Channel 7 & Lion.
Rent: $49,260 pa

Private Sale

Property ID: 503121758Last Updated: 4 Jun 2019

Sapphire Essence, Shop 1G/759 Bourke Street
Docklands, VIC 3008

Agency contacts

Burgess Rawson - Melbourne

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Burgess Rawson - Melbourne

Level 7,140 Bourke Street
MELBOURNE, VIC 3000
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Scott Meighan
Burgess Rawson - Melbourne
Sapphire Essence, Shop 1G/759 Bourke Street Docklands, VIC 3008

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

Kind Regards,

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