Grandfield Property Group is pleased to offer this rare opportunity to own a brand-new retail investment located in one of the busiest streets on the edge of Melbourne CBD for Immediate Private Sale.
Situated under the iconic "Spencer Melbourne" building consisting of 445 apartment and a large office on Level 1, this prime ground floor retail shop offers outstanding investment with brand-new long-term lease.
Key attributes of this prime CBD fringe investment include:
• Fully leased to high profile national tenant "9Round" fitness
* Current annual net rental income of $78,000 with annual increase
* Brand-new long-term lease
• High traffic exposure
• Area: 145 m2 ^
• High ceiling with excellent natural light
• Tightly-held location surrounded by many high-rise developments including both commercial office and residential buildings
• Close proximity to public transport including Flagstaff Railway Station and tram stops