• For Sale
  • Retail
AFFORDABLE RETAIL INVESTMENT
AFFORDABLE RETAIL INVESTMENT
AFFORDABLE RETAIL INVESTMENT
AFFORDABLE RETAIL INVESTMENT
AFFORDABLE RETAIL INVESTMENT
AFFORDABLE RETAIL INVESTMENT

For Sale

Expressions of Interest 30th Jul 2020 on-site
Colliers International is pleased to present for sale an outstanding entry level retail investment at the base of one of Melbourne’s most renowned city fringe office towers overlooking Albert Park Lake.

Shop 9, 1 Queens Road comprises the following key attributes:

-Ground floor retail investment located within the iconic St Kilda Road Towers building;

-Leased to longstanding tenant, ‘Sweet Chilli Thai’;

-Renewed 5-year lease with estimated current net income of $49,703 p.a. + GST + Outgoings plus one further option of 5-years;

-Fixed 3.00% annual rental increases;

-Located within 15-level commercial office building housing in excess of 2,500 occupants*;

-Set to benefit enormously from the future construction of Anzac Train Station.

Colliers International strongly recommends this rare opportunity for your serious consideration.

(*approx.)

Property Details