Sale

Shop 1, 572 Swan Street
RICHMOND, VIC 3121

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Property Description

Prominent Swan Street Café Investment

  • Impressive ground floor café of 310sqm* plus 190sqm* of outdoor seating area
  • Combined area on title of 500sqm*
  • 5 x 5 x 5 year lease to established and well regarded hospitality operator
  • Returning $135,200 per annum plus GST
  • Fixed annual rental increases
  • Highly exposed frontage of 22 metres* to Swan Street and 14 metres* to Central Drive
  • Situated at the entrance to the renowned Botanicca Corporate Park
  • Future-proof location surrounded by a mix of high grade commercial buildings, hotel accommodation and high density residential
  • Major companies occupying neighbouring buildings include David Jones, Country Road, Harris Scarfe, GE, Fulton Hogan and Wells Fargo plus many more
  • Strong trading conditions due to high demand from nearby corporate occupiers and the local residential catchment
  • Only 4kms* from the CBD and within close proximity to all forms of public transport including Swan Street tram network and a short walk to Heyington and Burnley train stations
  • Rare opportunity to invest in one of Melbourne’s most dynamic and tightly held commercial locations

*approx

FOR SALE BY DEADLINE CLOSING WEDNESDAY 13th NOVEMBER AT 2PM

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Consultant

Chris Kombi

M: 0438 156 236
E: kombic@fitzroys.com.au

Jordan Ceppi

M: 0418 232 122
E: ceppij@fitzroys.com.au

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Property Information

Property ID
123374

Price
Contact Agent

Building
310.00m2