Shop 2R/520 Swanston Street Carlton VIC 3053

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