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16 Russell Place Melbourne, VIC 3000

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For Sale

16 Russell Place Melbourne, VIC 3000

Shop & Retail
Sale Price

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Floor area

124.0m²

Parking info

on street parking/public car park opposite

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$135,338
Number of Tenants
1 Tenant
Tenants / Type
Bar Ampere

UNIQUE CBD LANEWAY RETAIL INVESTMENT

  • SECURELY LEASED CBD RETAIL INVESTMENT
  • PRIME LANEWAY LOCATION-HUGE FOOT TRAFFIC
  • QUALITY EXPERIENCED TENANT

* Building Area: 123.9 sqm*

* Undercover Alfresco dining fronting Russell Place

* Occupied by a highly experienced and quality hospitality provider

* Current Income: $135,388.88 pa* with 3% increases annually

* Lease Term: 5 years commencing November 2015

* Options: 2 x 5 years

* Fantastic CBD laneway location with high volume foot traffic

* Surrounded by quality retailers and some of Melbourne's best cafes and restaurants

* Well serviced by public transport

*approx

FOR AN IMMEDIATE INSPECTION CALL US TODAY!

Property ID: 503017218Last Updated: 7 Feb 2019

16 Russell Place
Melbourne, VIC 3000

Agency contacts

Allard Shelton Pty Ltd - Melbourne

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Allard Shelton Pty Ltd - Melbourne

Level 3, 267 Collins Street
MELBOURNE, VIC 3000
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Send to:

Joseph Walton
Allard Shelton Pty Ltd - Melbourne
16 Russell Place Melbourne, VIC 3000

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

Kind Regards,

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