Property Details

127 Church Street BRIGHTON, VIC 3186

Auction Thursday 4th Oct at 1:00 pm
Retail
Description

MELBOURNE'S HOTTEST FREEHOLD INVESTMENT OPPORTUNITY WITH UPSIDE

Retail - BRIGHTON VIC

** AUCTION – Thursday 4th October 2018 at 1.00pm onsite **

MELBOURNE’S HOTTEST FREEHOLD INVESTMENT OPPORTUNITY WITH UPSIDE

• Land Area: 180m2*
• Building Area: 223m2*
• Tenant: Aldo’s Hair Salon – long standing
• Lease Term: 3 x 3 years
• Rental: $69,552* (net) p.a. from December 2018
• Rental Review: Annual 3.5% increases; with a market review on exercise of the further term
• Rear access for 2 vehicles
• Future development possible (S.T.P.A) (i.e. 3 levels/11m height limit)

*Approx.

Property Features
  • Retail
  • Floor Area is 223.00 m²