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Shop 1, 56 Cotham Road, Kew, Vic 3101

Shop 1, 56 Cotham Road, Kew, Vic 3101

Retail

  • Sold Contact Agent
  • Thu 04-Mar-21

  • Floor Area
  • 215 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Mar 05, 2021
  • Parking Comments
  • 2 Car Spaces
  • Zoning
  • Commercial 1

Interested in this property? Contact an Agent today

Aston Commercial - MELBOURNE

Level 1, 107-111 High Street

Prahran Vic 3181

Liam Rafferty, Aston Commercial - MELBOURNE
Liam Rafferty
Jeremy Gruzewski, Aston Commercial - MELBOURNE
Jeremy Gruzewski

MEDICAL TENANT ON 10 YEAR LEASE - $2M+ BUYERS

• Established tenant in multiple locations
• Rental - $110,000 pa +GST
• Lease Term – Ten (10) year term with further option
• Building Area: 215 sqm*
• Annual increases of 5%
• Corner tenancy with floor to ceiling windows

Aston Commercial in conjunction with KMPC are pleased to offer Shop 1, 56 Cotham Road, Kew to the market via Public Auction on Thursday 4th March at 12 noon on-site.

SECURE, SAFE INVESTMENT

This expansive corner tenancy sits beneath THE ALEXANDRA apartment complex, a high-end and striking development by Franze’ Developments completed in 2020. This exceptional building only metres from Kew Junction and right across from the Alexandra Gardens is perfectly positioned in one of Melbourne’s most tightly held and affluent suburbs.

Leased to established medical based tenants Sports, Podiatry & Physiotherapy this is the perfect long-term holding investment with the security of a 10 year lease term to tenants in a field that continues to go from strength to strength. This vendor friendly lease will see significant growth over its tenure and buyers can also be rewarded with significant depreciation costs in this

Shop 1, 56 Cotham Road, Kew, Vic 3101

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