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1/431 St Kilda Road

Contact agent for details

Property Features

Property ID: 3153995

Building Size
45 m2

True St Kilda Rd Front For The Small Investor

This attractive retail investment leased to Sushi Bar from 22/01/2008 is located within the landmark Fawkner Towers building on St Kilda Road.
Only one of a dozen retail outlets which include seven/11 style convenience store, Tailor, Flight Centre, Boutique Property Agency and others of considerable standing within this successful and highly regarded mixed use development situated in a central position abutting Fawkner Park.
Currently returning $29,120 net pa + GST within a three year lease with three further terms each of 5 years. Annual rent increases are 4% with a market review at the commencement of each further term.
Retail trading space 45m2 + onsite car park No 140.
This looks good, trades well and is an extremely well run complex, the first to see is likely to buy, so arrange your inspection ASAP!