Gorman Commercial FOR SALE

191 Clarendon Street, South Melbourne

for sale

ENTRY POINT CLARENDON STREET INVESTMENT

* Rare opportunity to buy an affordable investment in this tightly held strip.
* Opportunity for income growth
* Leased to established cafe operators
* Lease term - 4 x 4 x 4 yrs
* Current net rent - $ 46,149.15 pa
* Fixed annual increases
* Zoned Business 1
* Building area - 125 sqm (approx)
* Rear access and parking

Prominently positioned within prime inner city strip retail location is this two level corner shop and dwelling

Property Details

Asset Type
Retail
Building Area
125 m2*
Price
Contact Agent

Stephen Gorman

0418 321 828

sgorman@gormancommercial.com.au