220 Swan Street,
Richmond, VIC 3121
Shops & Retail
Key property information
Land area
Floor area
Sold on
Teska Carson Pty Ltd - Richmond
6 Yorkshire StreetRICHMOND, VIC 3121
220 Swan Street
Richmond, VIC 3121
Map of 220 Swan Street
TROPHY INVESTMENT WITH TRIPLE NET INCOME
- AAA RETAIL INVESTMENT
- TRIPLE NET LEASE TO WESTPAC
- OUTSTANDING DOUBLE FRONTED FREEHOLD
Teska Carson, with Charter Keck Cramer acting as Transaction Advisor, are pleased to offer one of Cremorne’s best investments for sale by public auction on Thursday 8th December 2022 at 1pm on site.
Key investment considerations:
- Triple net lease to Westpac
- Current income of $150,468 per annum plus GST and all outgoings, including land tax
- Annual CPI rental reviews
- 299m2 of quality building with oversized street frontage of 10.5 metres
- 325m2 of Commercial 1 zoned land benefitting from additional street frontage to large public car park at rear
- Positioned in the heart of the Swan Street shopping precinct, a brilliant retail location, benefitting from being within the most talked about Commercial precinct in Australia
For further information or to arrange an inspection, please do not hesitate to contact the exclusive agents Teska Carson.
Key investment considerations:
- Triple net lease to Westpac
- Current income of $150,468 per annum plus GST and all outgoings, including land tax
- Annual CPI rental reviews
- 299m2 of quality building with oversized street frontage of 10.5 metres
- 325m2 of Commercial 1 zoned land benefitting from additional street frontage to large public car park at rear
- Positioned in the heart of the Swan Street shopping precinct, a brilliant retail location, benefitting from being within the most talked about Commercial precinct in Australia
For further information or to arrange an inspection, please do not hesitate to contact the exclusive agents Teska Carson.
Richmond, 3121 demographic data
The median household income for Richmond is $2,245, 18% higher than Greater Melbourne's household income of $1,901. Richmond has a younger age profile compared to the rest of Greater Melbourne (median age 34 vs 37). Property ownership data shows 55% of property owners in Richmond have a mortgage.
28,587
Population
$2,245 per week
Median household income
34 years
Median age
Renters
Most residents
Families
Most households
Teska Carson Pty Ltd - Richmond6 Yorkshire Street
RICHMOND, VIC 3121
RICHMOND, VIC 3121
More properties from Teska Carson Pty Ltd - Richmond
Other properties you might be interested in based on the location and property type you are looking at.
