120 Bay Street Port Melbourne VIC 3207

Shop & Retail
103 m²
Sold

PRIME BAY STREET PORT MELBOURNE RETAIL INVESTMENT

MULTI AWARD WINNING TENANT
NEW 5 YEAR NET LEASE
PRIME RETAIL LOCATION

Prime 103sqm retail investment leased to multi award winning hairdresser "Greenelement"

Double fronted investment across two (2) shops providing for future flexibility and rental growth

A Grade fit-out immediately adjoining national retailers

Located in one of Melbourne's retail strip Bay Street, Port Melbourne

Secure lease term of five (5) years with two further five (5) year options (commenced 1st August 2014) with fixed 3% annual increases

Net annual income $87,719 pa

7 day trading conditions driven by high traffic flow 7 days a week

CBRE

Level 34, 8 Exhibition Street

Melbourne, VIC 3000

Property Highlights

Date Sold	4 Oct 2023
Floor Area	103 m²
Land Area	Ask Agent
Parking	On site parking available
Building Type	Partial building
Property ID	2012079100
Category	Shop & Retail
Last updated	3 Oct 2023

Map for 120 Bay Street Port Melbourne VIC 3207

CBRE

Level 34, 8 Exhibition Street

Melbourne, VIC 3000

Property Highlights

Date Sold	4 Oct 2023
Floor Area	103 m²
Land Area	Ask Agent
Parking	On site parking available
Building Type	Partial building
Property ID	2012079100
Category	Shop & Retail
Last updated	3 Oct 2023

Listed by

CBRE

Call

03 86213333

More about 120 Bay Street Port Melbourne VIC 3207

120 Bay Street Port Melbourne VIC 3207 is categorized as Shop & Retail Property. It has a floor area of 103 m². The listing ID for this property is 2012079100.

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