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35 Newquay Prom 215 SF Retail Building Docklands, VIC 3008 $526,741 ($2,446.79/SF)
Investment Highlights
- Occupied by Evergreen Ice Cream, a trusted and established tenant.
- Generates net rental income of $44,200 + GST and outgoings annually.
- Minutes from Melbourne CBD with strong accessibility and foot traffic.
- Recently renewed three-year lease with additional options.
- Prestigious building with high recognition and excellent exposure.
Executive Summary
This property represents an exceptional opportunity to acquire a securely leased retail asset in a prime waterfront location within Docklands. With a successful long-term tenant and newly renewed lease, it offers investors stable income and long-term upside.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
215 SF
Building Class
C
Price
$526,741
Price Per SF
$2,446.79
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.02 AC
Frontage
20’ on Newquay Promenade
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Nearby Major Retailers
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35 Newquay Prom
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