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PROPERTY DETAILS
  • Price

    $598,000
  • Property Type

    Retail
  • Building Area

    13m2
  • Car Spaces

    0
    AGENT DETAILS
  • Gideon Marcus
  • Sales & Leasing Executive

  • M 0423 560 045
  • T 03 9421 7000

T11 & 219/530 Little Collins Street, Melbourne

HIGH YIELDING RETAIL NEWS AGENCY FREEHOLD

- Awesome high yielding retail investment!
- Nearly 6 metre frontage
- Exchange Tower News-agency has a highly prominent position in the Exchange Tower building
- Extra storage space is included with lot 219
- 5 year lease with one further 5 year option
- 4% annual rent increases
- Lease commenced 16/8/2015 for 5 years
- Currently tenant paying $47,896.68 plus GST plus usual outgoings

Tenant pays outgoings, which are approximately:
Owners Corp $4000 plus GST pa
Council rates $2000 plus GST pa
Water Rates $1000 plus GST pa

OPEN FOR INSPECTIONS

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