Boutique Retail Investment - Circa 6% Buyers!

SOLD

1A Rose Street

Armadale VIC 3143

Retail

FOR SALE

23m2

Ray White Commercial Oakleigh is delighted to present this outstanding retail property prominently positioned within one of Melbourne's most prestigious retail precincts.

First time offered in over 20 years!

• Two (2) Year Lease commenced July 2018
• Two (2) further terms of two (2) years each
• Rental return | $32,240 p/a + Outgoings (as of July 2019)
• Fixed 4% annual increases throughout duration of Tenancy
• Located opposite Toorak Railway Station
• Commercial 1 Zone (C1Z)

Armadale's coveted status as one of Melbourne's most prestigious and gentrified south-eastern suburbs should certainly ensure that this property appeals to those savvy investors looking to purchase a prime retail investment within Armadale's popular retail + lifestyle precinct.

George Kelepouris - 0425 798 677
Theo Karkanis - 0431 391 035