Retail Caf/566 St Kilda Road,
Melbourne, VIC 3004

Shops & Retail • Offices

Key property information

Floor area

Car spaces

Tenure type

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Map of Retail Caf/566 St Kilda Road

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Secure Long Term Investment

A fantastic opportunity to secure a ground floor retail cafe on a long 8 + 4 + 4 year lease term having commenced May 2015. The property is located fronting St Kilda Road within 'The Jewel' 7 level office building comprising 232 office suits.

This property is leased for $91,649 per annum + GST + Outgoings as of May 2018 with 3.0% fixed annual reviews.

Features include:

• Perfect Long Term Investment
• 5.0% Net Return on Investment
• Secure 8 + 4 + 4 Year Lease
• Ground Floor Retail Cafe Fully Licenced
• Indoor and Outdoor Seating
• Net Income: $91,649 p.a. + GST + Outgoings
• Total Area: 200 sqm approximately including Outdoor Seating Area of 80sqm
• On-Site Car Parking for 4 Vehicles
• Ample Public Transport
• Surrounding Commercial, Retail and Residential Development

For further information please the Commercial Team.

Melbourne, 3004 demographic data

The median household income for Melbourne is $1,448, 24% lower than Greater Melbourne's household income of $1,901. Melbourne has a younger age profile compared to the rest of Greater Melbourne (median age 29 vs 37). Property ownership data shows 47% of property owners in Melbourne have a mortgage.

54,941

Population

$1,448 per week

Median household income

29 years

Median age

Renters

Most residents

Singles

Most households

04329808...