Shop 1R, 516 Swanston Street,
Carlton, VIC 3053

Shops & Retail

Key property information

Floor area

Property extent

Zoning

Municipality

Tenure type

Sold on

CRS Property - Melbourne

Level 4, 256 Queen Street
MELBOURNE, VIC 3000

0418 227 3...

Shop 1R, 516 Swanston Street

Carlton, VIC 3053

0418 227 3...

Map of Shop 1R, 516 Swanston Street

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Exceptional Investment in Dominant Carlton Precinct

3 x 3 year lease
Prominent corner position
Leased to a thriving yogurt business

CRS Commercial are pleased to offer this prime strata retail investment For Sale.

Located on the fringe of the Melbourne CBD, this outstanding ground floor shop provides an excellent opportunity for investors to buy into one of Melbourne's boutique development projects - Upper House.

- Leased to a thriving yogurt business providing rapid growth
- 3x3 year lease from August 2019
- $38,000 per annum plus GST
- Annual rent reviews fixed at 4%
- Surrounded by some of Australias leading educational institutions including the University of Melbourne and RMIT
- An opportunity not to be missed for this affordable investment
- Upper House consists of a 17 level, 110 apartment development providing a large volume of customers.
- The surrounding new mixed-use development also contributes to high volume passing foot traffic from workers, students and tourists.

For further details and inspection contact:
Ross Mercorillo 0418 227 3...

Carlton, 3053 demographic data

The median household income for Carlton is $1,292, 32% lower than Greater Melbourne's household income of $1,901. Carlton has a younger age profile compared to the rest of Greater Melbourne (median age 27 vs 37). Property ownership data shows 38% of property owners in Carlton have a mortgage.

16,055

Population

$1,292 per week

Median household income

27 years

Median age

Renters

Most residents

Singles

Most households

CRS Property - Melbourne

Level 4, 256 Queen Street
MELBOURNE, VIC 3000