Shop 4/105 Merchant Street, Docklands

Retail - shop - Property ID: 1364133

Building Size: 63 m2

Price: Contact Agent

HIGH YIELDING INVESTMENT - RENEWED LONG TERM LEASE

Quinn Property Co. is delighted to present to the market this high quality, ground level shop which is located in the heart of the thriving Victoria Harbour, Docklands business district.

Securely leased to a long standing tenant that needs to be in this location, this is a highly affordable investment with a great story to tell.

Key investment highlights include:

~ Newly renewed 3 + 3 year lease

~ Long standing tenant: MPA Apartments

~ Solid rental income at $30,000 per annum & all outgoings (inc Land Tax)

~ Fixed annual 3% rental increases

~ Ground level shop beneath Dock 5, premier waterfront apartment complex

~ Located in Docklands, where Collins and Bourke streets connect, Victoria Harbour is a five-minute free tram ride from the CBD, and near Southern Cross train station

This property offers a rare opportunity for investors looking for a secure, hassle-free investment with a solid rental income. Don't miss out on this chance to own a valuable piece of real estate in a thriving business hub.




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Agent Information
Julian Vautin
Sales, Leasing & Advisory - Licensed Estate Agent
Agency Information

Quinn Property Co.

A: 150 Union Street, Windsor 3181 VIC

P: 0439 328 080

E: marcus@quinnpc.com.au

W: www.quinnpc.com.au

List on iProperty.com.au

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