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Retail for Sale

2/1 Colombo Street Mitcham, VIC 3132

AUCTIONFloorplan
  • Building: 128m²

Auction details

  • Auction
    20March12:00pm
    12:00pm
    On Site

Auction location: On Site

Contact the agent if you'd like further information.

Enquire with Agent

Retail for Sale in Mitcham

Prominent Fully Leased Retail / Hospitality Investment

  • Building: 128m²

Ray White Judd White Group is pleased to present this high-quality retail / hospitality investment opportunity, offered to the market via public auction.

This fully fitted hospitality premises is positioned on a high-profile corner location, benefiting from strong exposure, consistent passing traffic and proximity to key retail and transport amenity.

Securely leased to an established restaurant operator, the asset provides immediate income with a lease structure designed to support long-term investment performance.

Key investment highlights:

  • Fully fitted retail / hospitality premises
  • Leased to established restaurant operator (Top Noodle House)
  • New 3-year lease with 3-year option
  • Passing rental of $77,233.60 per annum (GST exclusive)
  • High-profile corner position with strong passing traffic
  • Proximity to public transport and major retail amenity
  • Secure basement car parking
  • Surrounded by established residential and commercial catchment

The property is offered for sale via on-site auction on Friday 20 March at 12:00pm.

For further information, including the Information Memorandum and full tenancy details, please contact the exclusive selling agents at Ray White Judd White Group.

Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.

Building:

128m²

Tenancy:

Tenanted

Categories:

Retail, Other, Offices

Due diligence checklist for home and residential property buyers

2/1 Colombo Street, Mitcham, VIC 3132
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