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2. Property Highlights

TROPHY INVESTMENT WITH TRIPLE NET INCOME
  • AAA RETAIL INVESTMENT
  • TRIPLE NET LEASE TO WESTPAC
  • OUTSTANDING DOUBLE FRONTED FREEHOLD

Teska Carson, with Charter Keck Cramer acting as Transaction Advisor, are pleased to offer one of Cremorne’s best investments for sale by public auction on Thursday 8th December 2022 at 1pm on site.

Key investment considerations:

- Triple net lease to Westpac

- Current income of $150,468 per annum plus GST and all outgoings, including land tax

- Annual CPI rental reviews

- 299m2 of quality building with oversized street frontage of 10.5 metres

- 325m2 of Commercial 1 zoned land benefitting from additional street frontage to large public car park at rear

- Positioned in the heart of the Swan Street shopping precinct, a brilliant retail location, benefitting from being within the most talked about Commercial precinct in Australia  

For further information or to arrange an inspection, please contact the exclusive agents Teska Carson.

Remember to mention you found this property on CommercialReady

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3. Property Location

220 Swan Street, Richmond, VIC, 3121

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4. Due Diligence

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