Share this property

realcommercial.com.au

Shop 4, 1 Queens Road Melbourne, VIC 3004

Directions

Shop 4, 1 Queens Road,
Melbourne, VIC 3004

Shops & Retail

Key property information

Floor area

Tenure type

Sold on

Map of Shop 4, 1 Queens Road

Directions

Prime Standout City Retail Investment

  • Highly exposed retail investment
  • 5 x 5 x 5 x 5 year lease
  • Existing liquor license
Colliers International is pleased to present the opportunity to acquire Shop 4, 1 Queens Road with the following key attributes:

- Premium standout retail investment with significant frontage onto Queens Road and Kings Way
- Exclusive ground floor retail of 144m²* at the base of St Kilda Road Towers
- Existing liquor license until 10pm
- Leased to experienced hospitality tenant “Caliente” with brand new 5 x 5 x 5 x 5 year lease with fixed annual increases
- High foot traffic pedestrian exposure from St Kilda Road Towers and surrounding high density residential and office buildings
- Substantial natural light to internal spaces with upside for mezzanine level addition (STCA)
- Surrounded by excellent lifestyle amenities with close proximity to Melbourne CBD and Chapel Street
- Domain Interchange within walking distance and major road networks via Kings Way, Citylink and Westgate Freeway
- On the doorstep to new Melbourne Metro Rail Project, the Domain Train Station
- Rental income: $144,200* p.a. plus GST and outgoings

*Approx.

For Sale by International Expressions of Interest (EOI) closing on Friday 26th May at 3.00pm.

To arrange an inspection or for more information, please contact Colliers International Melbourne City Sales team as the exclusive selling agents.

www.colliers.com.au/33311

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
03 9629 88...
realcommercial.com.au logo
Shop 4, 1 Queens Road
Melbourne, VIC 3004
Colliers - Melbourne
Level 30, 367 Collins Street
MELBOURNE, VIC 3000

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.