Sold
410 Elizabeth Street Melbourne, VIC 3000
Shop & Retail
Sold Price
Contact Agent
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.
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
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Beller Commercial - MELBOURNE
Level 1, 107-111 High StreetPRAHRAN, VIC 3181
Jeremy Gruzewski
Liam Rafferty
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