For Sale
Entry Level CBD Investment With 5-Year Net Lease
1/ 591 - 593, Elizabeth Street , Melbourne VIC

Stonebridge Property Group is pleased to present for sale 1/591-593 Elizabeth Street, Melbourne

The key highlights of the opportunity include:

  • Strategically located CBD investment with proven tenant and low vendor paid outgoings.
  • Prime Elizabeth Street position at the gateway to the Melbourne CBD a thriving business district benefiting from 22 million annual visitors*
  • Favorable 5-year lease to the highly rated mobile repair tenant 'Gadget Repair Point'
  • Providing net annual net income of $31,827* + GST with fixed 3% increases.
  • World-Class Location being a short walk from Melbourne Central, renowned universities, and Queen Victoria Market.
  • The Elizabeth Street retail precinct is home to a number of major retailers and local favorites, notably Chemist Warehouse, Woolworths, Aldi & KT Mart.
  • Direct proximity to public transport (Tram, Train & Bus) and a high density surrounding demographic drive retail trade within the tightly held precinct.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

*Approximately

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