PRIME CBD CORNER RETAIL INVESTMENT

Shop 5, 563 Flinders Street, Melbourne, Victoria 3000

Retail For Sale

For Sale
Floor Area: 43.30 m2.    

Description

Colliers International is pleased to present the opportunity to purchase the prime corner retail shop at 563 Flinders Street, Melbourne with the following key attributes:

• Prime ground floor CBD retail investment on the corner of Flinders Street and Norval Place

• Secure 7-year net lease to the well renowned Di Parsia Pasticceria Caffe

• Premium location beneath the Sowerby and Peddle Thorpe designed Northbank development

• Secure annual net rental income of $55,000* plus GST plus outgoings as at 01.01.2018

• Fixed 3.00% annual increases

• Surrounded by Melbourne landmarks such as Crown Casino, The Melbourne Aquarium and Flinders Street Station

• Convenient access to public transport including Flinders Street Train Station, Southern Cross Train Station and well-serviced by city tram routes on both Flinders Street and Bourke Streets

• An entry level CBD corner retail investment not to be missed

PRICE TO SELL $1.45m

*Approximate passing income

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

Chris Ling +61 419 294 346

Oliver Hay +61 419 528 540

David Sia +61 430 111 223

This property is proudly marketed by the Melbourne City Sales team (MCS)

Features

  • HIGH EXPOSURE LOCATION
  • SEVEN (7) YEAR LEASE WITH OPTIONS
  • 3% FIXED ANNUAL INCREASES

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