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Colliers are proud to present for sale 592-596 Smith Street, Clifton Hill For Sale.
This prominent corner land holding represents an opportunity to secure a trophy retail investment which benefits from rare dual arterial road exposure to both Alexandra Parade and Smith Street capturing the visibility of 75,000* vehicles daily.
Benefitting from a large captive retail catchment, the property of 538m2* has been occupied by national retailer, PETstock, since 2014. The property is highly reversionary and therefore poses a unique opportunity to realise the rental uplift by renegotiating with the tenant or re-leasing to the current market rent.
Key asset highlights include:
Remember to mention you found this property on CommercialReady
Colliers are proud to present for sale 592-596 Smith Street, Clifton Hill For Sale.
This prominent corner land holding represents an opportunity to secure a trophy retail investment which benefits from rare dual arterial road exposure to both Alexandra Parade and Smith Street capturing the visibility of 75,000* vehicles daily.
Benefitting from a large captive retail catchment, the property of 538m2* has been occupied by national retailer, PETstock, since 2014. The property is highly reversionary and therefore poses a unique opportunity to realise the rental uplift by renegotiating with the tenant or re-leasing to the current market rent.
Key asset highlights include:
Remember to mention you found this property on CommercialReady
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