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Belle Property Commercial - South Melbourne

372 Dundas Street Rye, VIC 3941

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372 Dundas Street,
Rye, VIC 3941

Shops & Retail

Key property information

Floor area

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Belle Property Commercial - South Melbourne

Belle Property Commercial - South Melbourne

100 Tope Street
SOUTH MELBOURNE, VIC 3205
03 9690 60...
Belle Property Commercial - South Melbourne
372 Dundas Street
Rye, VIC 3941

Map of 372 Dundas Street

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Prized Beachside Location

Superb Retail Premises with a 1st floor 3BR residence with a separate entrance.
Securely leased to a longstanding tenant.
New Lease: 5 + 5 + 5 yrs (commencing 16th December 2019)
Rent: $29,875 pa + outgoings
Reviews: Annually to CPI & to market at year two of the initial term & options
NB: The lease incorporates the shop & the residence and is leased to one tenant.
Building Area: 240sqm* (retail 121sqm*, residence 119sqm*)
Zoned: Commercial 1 zone
- excellent rear right of way
- on-site parking
Situated in this most sought after & tightly held pocket of the peninsula.
Inspections strictly by appointment.
*approx

Contact Agent:
George Georgiou 0419 480 003

Additional information

Rye, 3941 demographic data

The median household income for Rye is $1,334, 30% lower than Greater Melbourne's household income of $1,901. Rye has an older age profile compared to the rest of Greater Melbourne (median age 51 vs 37). Property ownership data shows 39% of property owners in Rye have a mortgage.

9,438
Population
$1,334 per week
Median household income
51 years
Median age
Owners
Most residents
Families
Most households
Belle Property Commercial - South Melbourne
100 Tope Street
SOUTH MELBOURNE, VIC 3205

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