Sold
Retail

1/ 528 Victoria Street North Melbourne, VIC 3051

Sold on 13 Apr 2018
  • Building: 80m²
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Retail in North Melbourne

SECURE SUBWAY INVESTMENT - Circa 4.4% Yield - 6 Months Security Deposit

  • Building: 80m²

Great opportunity to secure this land established Subway Investment within 2kms approx from CBD. The property boasts the following features:

  • Secure five (5) year lease to 2021 plus five (5) year option
  • Long term established business from 2011
  • Subway: with 45,000 stores approximately in more than 100 countries.
  • Subway pays all usual outgoings as per the lease along with 4% increases per annum
  • Building area | 80m2 approximately fronting Victoria Street
  • Rental $40,000 pa net
  • Ideal for self-managed superfund or investor
  • Zoning | mixed use
  • Security Deposit 6 Months rental
Building:

80m²

Zone:

Mixed Use (Muz)

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