Rare opportunity to own Prime Freehold Shops on Collins Street, Docklands – a fully integrated booming residential and commercial precinct in Melbourne CBD – World Class international city. The current population estimate at Docklands is 7,000 and this is expected to triple to 20,000 by 2025; and the number of workers expected to double to more than 60,000.
Key features:
- Directly opposite to ANZ head office, and nearby to Myer, Woolworths Supermarket and offices
- Reputable tenant in place for corner shop with A$150,000p.a. + GST base rent, 10yr + 10yr option, 4% annual rent increase, rental review on exercise of option
- Rental Guarantee at 6% p.a. gross for 6 months
- Stamp duty absorbed for some shops
- Price from A$935,000 + GST (refundable)
- Huge human traffic and growing
- Huge Capital growth potential
- Brand new shop = Maximum depreciation claims
- Professional management
- Financing available
- No re-sale restrictions
- Completing mid 2013