High-Income CBD Retail Investment Opposite Southern Cross Station
UNDER OFFER
Lemon Baxter is pleased to present G02/200 Spencer Street, Melbourne for sale.
Positioned directly opposite Southern Cross Station, this fully leased ground-floor retail investment is securely occupied by Ali’s Jumbo Kebabs and provides a strong income stream within one of Melbourne’s busiest transport, residential and commercial precincts.
Key Features
– Passing gross rental of $145,535.68 p.a. + GST;
– Approx. 89 sqm ground-floor retail premises;
– Two secure car parks;
– Five-year lease expiring 31 January 2029;
– Two further five-year options;
– Annual CPI rental reviews;
– Securely leased to established operator Ali’s Jumbo Kebabs;
– Directly opposite Southern Cross Station;
– Surrounded by major office towers, hotels, apartments, retail and Docklands;
– Strong exposure to commuters, residents, workers, tourists and event traffic.
An outstanding opportunity to acquire a high-income Melbourne CBD retail investment with secure income, two car parks and strong underlying location fundamentals.
For further information, contact our exclusive selling agents.
*Approximate.
