- Blue Chip Retail Investment in Richmond’s
- Thriving Swan Street Retail Precinct
- Seven (7) Year Lease plus Options
Returning $90,446* + GST & Outgoings
Dual Street Frontage of 32.2m*
Cushman & Wakefield Melbco Strip Retail are pleased to exclusively present For Sale 126 Swan Street, Cremorne.
- High-profile retail investment located in the heart of Swan Street’s vibrant hospitality precinct.
- Leased to ‘Greenstreat’, a highly popular and well-established hospitality business with six (6) stores nationally.
- Generating strong income of $90,446* + GST & Outgoings p.a. (as at 27 June 24) with fixed annual increases over a 7-year term and further five-year option extending to 2034.
- Positioned on the corner of Swan Street and Kipling Street, the property benefits from 32m* of prime street frontage and exposure to thousands of passing vehicles and pedestrians daily.
- Thriving retail and hospitality precinct with an enormous catchment of office workers, residents and tourists.
- Strategically positioned on the ‘ant trail’ to Melbourne’s Sporting Precinct, including the MCG, AAMI Stadium, and Rod Laver Arena which collectively host some of the worlds most renowned sporting and entertainment events.
- Well connected by public transport including Richmond Train Station (300m*) and tram routes along Swan Street and Church Street.
- Invest now to reap the rewards that this blue-chip investment is set to offer for many decades to come.
For Sale by On-Site Public Auction Friday 19 April at 12.00pm.
