104 Swan Street,
Cremorne, VIC 3121
Shops & Retail
Price information
Sold
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Key property information
Land area
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Tenure type
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Gross Waddell ICR Pty Ltd - Melbourne
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
104 Swan Street
Cremorne, VIC 3121
Map of 104 Swan Street
RARE & AFFORDABLE SWAN STREET INVESTMENT
- Valuable land holding
- Absolute prime position
- Surrounded by national tenants
** SOLD **
Gross Waddell ICR is pleased to offer 104 Swan Street, Cremorne, as part of the ‘The Neighbourhood Collection’. This single level retail investment is prominently positioned within the heart of Swan Street’s thriving hospitality and entertainment precinct.
https://signatureauctionseries.com.au/
• 5 year lease plus one further option of 5 years
• Returning $51,267 net per annum* with fixed 5% annual increases
• Leased to ‘Lady T’ and is currently undergoing a refurbishment/fit out upgrade
• Single level retail building on 208 sqm* of prized Cremorne land allowing for future development (STCA)
• Right of way access at the rear
• Located next door to The Richmond Club Hotel and surrounded by numerous established hospitality, entertainment venues, restaurants and national retailers
• Walking distance to Melbourne's famous sporting precinct including the MCG, AAMI Park and Melbourne Park
• Rare opportunity to acquire an affordable retail freehold located in a high performing lifestyle and hospitality precinct
• Strong local demographic of high disposable income, boasting a median house price of $1,452,000 (Source: realestate.com.au August 2022)
For further information or to organise an inspection, please contact Gross Waddell ICR directly.
*Approx.
Gross Waddell ICR is pleased to offer 104 Swan Street, Cremorne, as part of the ‘The Neighbourhood Collection’. This single level retail investment is prominently positioned within the heart of Swan Street’s thriving hospitality and entertainment precinct.
https://signatureauctionseries.com.au/
• 5 year lease plus one further option of 5 years
• Returning $51,267 net per annum* with fixed 5% annual increases
• Leased to ‘Lady T’ and is currently undergoing a refurbishment/fit out upgrade
• Single level retail building on 208 sqm* of prized Cremorne land allowing for future development (STCA)
• Right of way access at the rear
• Located next door to The Richmond Club Hotel and surrounded by numerous established hospitality, entertainment venues, restaurants and national retailers
• Walking distance to Melbourne's famous sporting precinct including the MCG, AAMI Park and Melbourne Park
• Rare opportunity to acquire an affordable retail freehold located in a high performing lifestyle and hospitality precinct
• Strong local demographic of high disposable income, boasting a median house price of $1,452,000 (Source: realestate.com.au August 2022)
For further information or to organise an inspection, please contact Gross Waddell ICR directly.
*Approx.
Property ID: 504159315Last Updated: 19 Dec 2022
Gross Waddell ICR Pty Ltd - MelbourneLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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