246A Victoria Street Richmond, 3121 VIC
Invest in Bustling Richmond
Nestled amongst other well frequented businesses is an invest of note with a long-term tenant it represents a solid investment for the astute buyer. Richmond has been a popular suburb with young and mature Melburnians for work, dining and entertainment day and night. Victoria street is a major traffic corridor between the CBD and Melbourne's inner East suburbs such as Kew, Hawthorn and Camberwell and includes daily tram services to and from them equating to high volumes of people frequenting the area. * Commercial Zone 1 * Floor area 157m2 approx. * Secured rear access * One designated undercover parking space * Lease renewed in First of March 2023 * Original lease terms being 3 X 3 X 3. Lease was Commencing 01/03/2018) rent increase 2.5% per year * Current rental returned $67,650 Inc GST + Outgoings
Outgoing : Body corporation: $4,000/year approx.
Sold
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Theresa Huynh
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Bon Ta