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74 Station Street
Sandringham

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Page URL:
http://www.hockingstuart.com.au/commercial/74-station-street-sandringham-vic-3191/

Blue Chip Bayside Retail Investment with Upside

Securely leased freehold investment for public auction.

Key features are:

– Best position in the highly regarded Sandringham Village
– Securely leased: 5 + 3 year lease (commenced 1 March 2016)
– Leased to a well renown local established business
– Current rent: $25,370pa + GST + Outgoings
– Annual increases and market review at year 1 of option
– High quality fitout
– Excellent frontage to Station Street
– Freehold property, note: no owners corporation involved.
– Future upside (STCA)

The property is positioned in arguably the best location amongst the tightly held Sandringham shopping village. Directly opposite Sandringham train station, surrounded by national retailers, fantastic cafes & eateries and only metres from the iconic Sandringham beach.

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hockingstuart Commercial

187 Moray Street, South Melbourne
Tel 03 9690 6000 Fax 03 9690 4399
commercial@hockingstuart.com.au

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hockingstuart Commercial

187 Moray Street, South Melbourne
Tel 03 9690 6000 Fax 03 9690 4399
commercial@hockingstuart.com.au