Secure a Trophy Dual-Income Retail Investment on Melbourne’s Premier Boulevard

Description

CBRE, in conjunction with Prowse Burns Commercial Real Estate, are delighted to present 407 St Kilda Road, Melbourne – a high-profile, premium investment opportunity located in one of Australia’s most prestigious commercial boulevards.

The property presents investors with an opportunity to secure a tightly held, blue-chip freehold underpinned by proven food & beverage operators, outstanding transport connectivity and a prominent St Kilda Road address.

+ Premium St Kilda Road freehold investment positioned within close proximity to the newly delivered ANZAC Train Station

+ Fully leased to two established food & beverage operators: Subway, secured on a Four (4) Year lease with options extending to 2037, and Gentleman George Beers & Burgers, secured on a Five (5) Year lease with options extending to 2039

+ Combined net income of $142,456 per annum* providing investors with a strong, diversified and long-term cash flow

+ Well-configured building comprising 208 square metres* of building area across two tenancies, positioned on a 218 square metre* Commercial 1 Zoned (C1Z) landholding

+ Strategically located within the St Kilda Road commercial precinct, surrounded by major office towers, hospitals, lifestyle amenity and key Melbourne landmarks, ensuring ongoing tenant demand and rental growth

For further information please contact the exclusive sales and marketing agents at CBRE:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 116 (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)

In conjunction with:

Prowse Burns Commercial Real Estate

Philip Prowse
+61 418 997 319
phil@pbcommercial.com.au

Vincent Lum
+61 466 979 977
vincent@pbcommercial.com.au

*Denotes Approx.

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Nathan Mufale Senior Director
0421 224 354
Alex Brierley Associate Director
+61 447 974447
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Melbourne, VIC

407 St Kilda Road

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