183 High Street, KEW VIC 3101
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358 sqm / approx
Investment Freehold
As new investment freehold adjacent to Woolworths in the heart of Kew Junction shopping centre.
The property comprises of two tenancies:
Tenancy 1 Bank of Melbourne. 7 year lease commenced March 2014 with three further options of five years available. Current rent $140,000 per annum plus all outgoings with fixed annual rent review of 3%.
Tenancy 2 Bendigo Bank. Current 5 year lease commenced September 2011 with one further option of five years available. Current rent $60,600 per annum plus outgoings except land tax with fixed annual rent reviews of 4%.
Total building area of 183 High Street, Kew 358 sq m approx.
Total Rental income for 183 High Street, Kew - $200,600 per annum
The property comprises of two tenancies:
Tenancy 1 Bank of Melbourne. 7 year lease commenced March 2014 with three further options of five years available. Current rent $140,000 per annum plus all outgoings with fixed annual rent review of 3%.
Tenancy 2 Bendigo Bank. Current 5 year lease commenced September 2011 with one further option of five years available. Current rent $60,600 per annum plus outgoings except land tax with fixed annual rent reviews of 4%.
Total building area of 183 High Street, Kew 358 sq m approx.
Total Rental income for 183 High Street, Kew - $200,600 per annum
