Shop 2R/520 Swanston Street

Carlton VIC 3053

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Sold on 16 Nov 2018

Shop 2R/520 Swanston Street Carlton VIC 3053

Shop & Retail
110 m²
Sold

Add a Bit of Spice to your Investment

6+6+6 year lease
Prominent corner position
Leased to established tenant

CRS Commercial is pleased to offer this prime strata retail investment for sale by public auction on Wednesday 31st October 2018 at 2.00pm on-site.

Located on the fringe of the Melbourne CBD, this outstanding ground floor shop of 110sqm approx is an excellent opportunity for investors to buy into one of Melbourne's boutique development projects - ‘Upper House’.

• Leased to established tenant, ‘Kitchen 520’ providing excellent growth
• 6+6+6 year lease from October 2014
• $70,191 per annum plus GST as from 10 October 2018
• Rent reviews: Annual by 4% and market at option
• Prominent corner position
• Includes secure car space
• Surrounded by some of Australia’s leading educational institutions including the University of Melbourne and RMIT
• An opportunity not to be missed for this affordable investment
• Upper House consists of a 17 level, 110 apartment development providing a large volume of customers.

The surrounding new mixed use development also contributes to high volume passing foot traffic from workers, students and tourists.

For further details and inspection contact:
Lou Montalti 0488 553 455
Ross Mercorillo 0418 227 354

AUCTION

Auction date and time	31/10/2018 14:00
Auction location	Ask Agent

CRS Property

Level 4, 256 Queen Street

Melbourne, VIC 3000

Property Highlights

Date Sold	16 Nov 2018
Floor Area	110 m²
Land Area	Ask Agent
Parking	1 x Onsite parking
Property ID	2014668139
Category	Shop & Retail
Last updated	16 Nov 2018

Map for Shop 2R/520 Swanston Street Carlton VIC 3053

Nearest transport* to Shop 2R/520 Swanston Street Carlton VIC 3053

Bus

Train

Tram

Ferry

Queensberry St/Lygon St (Carlton)	228 m
Queensberry St/Lygon St (Carlton)	255 m
Trades Hall/Lygon St (Carlton)	304 m
Old Melbourne Gaol/Russell St (Melbourne City)	353 m

*Within a 4km radius

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CRS Property

Level 4, 256 Queen Street

Melbourne, VIC 3000

Property Highlights

Date Sold	16 Nov 2018
Floor Area	110 m²
Land Area	Ask Agent
Parking	1 x Onsite parking
Property ID	2014668139
Category	Shop & Retail
Last updated	16 Nov 2018

Co-Agents

Lou Montalti

CRS Property

Call

0488 553 455

Ross Mercorillo

CRS Property

Call

0418 227 354

More about Shop 2R/520 Swanston Street Carlton VIC 3053

Shop 2r/520 Swanston Street Carlton VIC 3053 is categorized as Shop & Retail Property. It has a floor area of 110 m². There are 1 x onsite parkings.The listing ID for this property is 2014668139.