Secure Long Term Investment

Retail Caf/566 St Kilda Road Melbourne, VIC 3004

A fantastic opportunity to secure a ground floor retail cafe on a long 8 + 4 + 4 year lease term having commenced May 2015. The property is located fronting St Kilda Road within ‘The Jewel’ 7 level office building comprising 232 office suits.

This property is leased for $91,649 per annum + GST + Outgoings as of May 2018 with 3.0% fixed annual reviews.

Features include:

• Perfect Long Term Investment
• 5.0% Net Return on Investment
• Secure 8 + 4 + 4 Year Lease
• Ground Floor Retail Cafe Fully Licenced
• Indoor and Outdoor Seating
• Net Income: $91,649 p.a. + GST + Outgoings
• Total Area: 200 sqm approximately including Outdoor Seating Area of 80sqm
• On-Site Car Parking for 4 Vehicles
• Ample Public Transport
• Surrounding Commercial, Retail and Residential Development

For further information please the Commercial Team.