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410 Elizabeth Street Melbourne, VIC 3000

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Sold

410 Elizabeth Street Melbourne, VIC 3000

Shop & Retail
Sold Price

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Floor area

255.0m²

Zoning

Commercial 1

Tenure type

Tenanted Investment

Sold on

05 Oct 2018

SUPER PRIME RETAIL

  • 10 Year Leases Commenced 2016
  • Combined Rental $293,722 net pa (approx)
  • Offered Individually or as a Whole

The Melbourne CBD has gone from strength to strength on the back of significant high-rise residential development and the resultant influx of residents living, working, eating and playing on the grid. This has seen a resurgence of retail and in particular food outlets catering to these needs on almost a 24 hour basis.

These properties are brilliantly located with long secure leases to proven and quality tenants. The long leases provide the security of income and make these the ideal set and forget investments.

• Both lots are securely leased returning a combined income of $293,722 net pa (approx.) with fixed annual increases.

• 10 year lease terms with options commenced 2016

• Combined building retail area of 255sqm (approx.)

• Substantial frontage to Elizabeth and A’Beckett Streets

• Leased to established tenants Nene Chicken and Torasan Ramen

• To be offered individually or as a whole

Beller Commercial are excited to present for your consideration Lots 1 & 2, 410 Elizabeth Street, Melbourne for Sale by Expressions of Interest closing on Thursday 27th September at 2:00pm. The properties are offered individually or as a whole.

Property ID: 502932186Last Updated: 21 Nov 2018

410 Elizabeth Street
Melbourne, VIC 3000

Agency contacts

Beller Commercial - MELBOURNE

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Beller Commercial - MELBOURNE

Level 1, 107-111 High Street
PRAHRAN, VIC 3181
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Email enquiry

Send to:

Liam Rafferty
Beller Commercial - MELBOURNE
410 Elizabeth Street Melbourne, VIC 3000

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

Kind Regards,

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