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Retail in Port Melbourne, VIC117/168 Rouse St

117/168 Rouse Street, Port Melbourne, VIC 3207
117/168 Rouse StreetPort Melbourne VIC 3207 AUS
-37.841577 144.938953
$1,300,000
  • Building area 105 sqm

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The Cornerstone of your Investment Portfolio | Circa 4.8% Yield

Property ID 1985255
Heading up one of the most desirable streets in Port Melbourne, just one block from the beachfront is a sound investment opportunity. Occupied by established tenants, Elders Insurance, currently on a 5 year lease which commenced 7/04/2018, with guaranteed rental growth. This is a well recognised business and location that will add future value to any portfolio.

• Lease | 5 years commencing 7/04/2018
• Current rental | $61,570 plus GST
• Building area | 105m2 approximately
• Established tenant | Elders Insurance
• Zoning | Mixed Use
• High profile corner block with main street location
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