Property listing ID: 65534
This is a rare opportunity to secure an affordable retail property with a Queen Street address with a long lease and fixed rental growth in place (average net rent $222.18/m²). Situated in the heart of the CBD in Landmark House, there is a new 10 year lease in place returning $72,901 net per annum, with built in 4% fixed rent increases every two years. Queen Street has undergone a significant revitalisation in the last few years with the addition of new retailers Top Shop, Prada, Dior and Swarovski. Secure your position in this prime retail strip; call now for more details. KEY FEATURES: • $72,901 net rent plus GST and outgoings • 10 year lease from 1 July 2015 • 328.12m² ($222.18/m² average net rent) • 4% fixed rent increases every two years
Listed by Barfoot & Thompson , John Stringer (City Commercial)