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It’s Party Time at Northcote Plaza. A Sweet Retail Invest...

Shop GZ32/25 Separation Street, NORTHCOTE VIC, 3070

For Sale

Property for Sale in Shop GZ32/25 Separation Street, NORTHCOTE VIC, 3070

Hockingstuart (Commercial) Pty Ltd

187 Moray Street, South Melbourne, VIC 3205

Listing ID:
11341524
Status:
Active
For:
Sale
Price:
Contact Agent
Last Updated:
16/04/2019
Icon building

Property Type

Retail
Icon square

Land Area

N/A
Icon size

Floor Area

120 SQM
Icon parking

Parking

N/A

It’s Party Time at Northcote Plaza. A Sweet Retail Investment

Located in a busy customer thoroughfare within Northcote Plaza Shopping Centre opposite the main southern car-park entrance, this corner retail shop boasts a prominent position close to major anchor tenants, Coles and K-Mart.

Key features:
• Tenancy area: 120 sqm approx
• Business use: Discount Variety Shop
• 5 year lease expiring 30th September, 2022
• 5 year further term
• Current rent: $72,800 per annum net + GST
• Annual 4% rent increase
• Commercial 1 Zone

Northcote Plaza is a thriving shopping centre anchored by 2 Coles Supermarkets, K-Mart and over 60 speciality stores attracting more than 5 million customers annually. 900+ car spaces surround the shopping centre and bus and tram services are available from nearby High Street and Separation Street.

Northcote Plaza has benefitted from the rapid development of residential apartment buildings along High Street and the ever-increasing popularity of Northcote and Thornbury as an inner-city lifestyle hub.

ON-SITE AUCTION: THURSDAY 2nd MAY, 2019 AT 12:00 NOON

Contact Agents:
Charles Carty 0438 277 050
Nick Mavrodoglos 0402 318 825


For more details, please email agent

Hockingstuart (Commercial) Pty Ltd

187 Moray Street, South Melbourne, VIC 3205


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