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92-94 Church Street
Brighton VIC 3186
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Sold on 21 Mar 2019

92-94 Church Street Brighton VIC 3186

  • Shop & Retail
  • 280 m²
  • Sold

A GENERATIONAL CHURCH STREET BRIGHTON TROPHY INVESTMENT

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OVERVIEW

+ 5 year "triple net" lease to Westpac (market cap: $90bn*), who refitted the building in 2018, with NO further options remaining after 2022

+ Net annual income of $264,992* (from 21st June 2019) + GST with ALL outgoings (including land tax on a single holding basis) paid by the tenant

+ Dual fronted prime landholding with rear access to council car park

LOCATION

+ Centrally located in one of Australia's best retail strips (less than 1% vacancy rate*), adjoining national retailers including Vintage Cellars and Woolworths and just 100 metres* to Middle Brighton Train Station

+ Situated in the prestigious bayside suburb of Brighton, servicing a highly affluent customer demographic together with strong tourism

"Your opportunity to invest in a publicly listed tenant whilst having the added flexibility to occupy or develop for retail/office/residential (STCA) from 2022"

For further information contact:

CBRE

Jing Jun Heng
+61 411 059 116

Sandro Peluso
+61 418 389 757

Iles

Matthew Iles
+61 412 081 502

Richard Seeley
+61 412 546 346

*approx

CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Date Sold21 Mar 2019
Floor Area280 m²
Land Area312 m²
ParkingOn site parking available
Property ID2017231835
Category
Last updated  19 Jan 2024
Map for 92-94 Church Street Brighton VIC 3186
CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Date Sold21 Mar 2019
Floor Area280 m²
Land Area312 m²
ParkingOn site parking available
Property ID2017231835
Category
Last updated  19 Jan 2024

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More about 92-94 Church Street Brighton VIC 3186

92-94 Church Street Brighton VIC 3186 is categorized as Shop & Retail Property. It has a floor area of 280 m² and a land area of 312 m². The listing ID for this property is 2017231835.

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