Level Gnd Floor, 721 Nicholson Street, Carlton North, VIC 3054

Retail | Showrooms

For Sale Under Offer - Contact Tim Bindley

  • Property ID: 437176
  • Floor Area: 72m²
  • Land Area: 1m²
  • Occupancy: Tenanted
Street View
UNDER OFFER - VENDOR SAYS SELL!! LAUNDROMAT INVESTMENT WITH 5 YEAR LEASE - CIRCA 5.5% Return

Vision Real Estate are pleased to offer for Private Sale, this securely leased and high yielding retail investment property with a new 5 year lease from 01/03/2024.

Located in the much sought after and tightly held Nicholson Street retail precinct, this property offers an opportunity for astute investors to purchase a solid retail investment with huge capital growth potential with a proven tenant in one of the best inner city suburbs in Melbourne.

Features Include;

* Area: 72sqm approx
* Long standing tenant
* Market rent of $33,000 per annum plus outgoings and GST
* 5 year lease commenced 01/03/2024 plus 5 year option
* Refurbished building

**SALE NOW $595,000 **

For all enquiries, information and inspections please contact Tim Bindley

Carlton North Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $8389 $294 3.50%
Retail $8978 $406 4.52%
Offices $5172 --- ---
This is the average advertised price, rent and yield for Carlton North, VIC 3054*
Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Floorplans
Floorplan 1
Email Agents
Tools
Print BrochureShare Property

  Vision Real Estate

 

View Agency Profile

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
LOGIN (Existing Members)




Forgot your password?

Don't have an account? Register

×

REGISTER (New Members)

Already have a CPG account? Login

×
The Guide The Guide
Subscribe

Subscribe to our informative monthly guide, where we share news, views and tips about commercial property and the industry in which we specialise.

I am a... *

×

×
REGISTER (New Members)




Already have a CPG account? Login

×