1/431 St Kilda Road
Melbourne


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!

Please note that Dixon Kestles Office is currently closed for the safety of our staff and clients, due to the COVID-19 outbreak. If you have a property related emergency during this time, please contact 03 9690 3488 and listen to our after-hours message for contact details.