Level Gnd Floor/721 Nicholson Street, Carlton North

Retail

LAUNDROMAT INVESTMENT WITH 5 YEAR LEASE - CIRCA 5.5% Return
Vision Real Estate are pleased to offer for Private Sale, this securely leased and high yielding retail investment property with a new 5 year lease from 01/03/2024.

Located in the much sought after and tightly held Nicholson Street retail precinct, this property offers an opportunity for astute investors to purchase a solid retail investment with huge capital growth potential with a proven tenant in one of the best inner city suburbs in Melbourne.

Features Include;

* Area: 72sqm approx
* Long standing tenant
* Market rent of $33,000 per annum plus outgoings and GST
* 5 year lease commenced 01/03/2024 plus 5 year option
* Refurbished building

**SALE NOW $595,000 **

For all enquiries, information and inspections please contact Tim Bindley
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