Charter Lane are proud to present 70 Speakmen Street, Kensington – a premium retail investment opportunity located within a mixed use development featuring OVER 180 residential apartments, surrounded by parkland and just a short stroll to Flemington Racecourse, Maribyrnong River, shops and train station.
Secure, lease to successful food retailer with established operations also in the CBD and Highpoint Shopping Centre.
THE KEY FACTORS ARE:
- Attractive yield
- Long lease to a proven tenant
- 110sqm shop
- Large front and rear open space for expansion of restaurant/café
- Includes Fully fitted café/commercial kitchen
- 4.5 km’s to CBD (appx)
Substantial landlord fit-out included in the sale with:
Further opportunities for expansion.
Current rental per annum is $48,000.00 plus GST
Fixed 4% annual increases.