HIGH PROFILE SHOPPING CENTRE INVESTMENT – CIRCA 6.5% YIELD

Fitzroys are delighted to offer Shop 23/25 Separation Street, Northcote for sale.

Key Features of the offering include:

•  Corner location in one of the main thoroughfares within Northcote Plaza
•  One of ‘Sussan’ many locations with over 450 stores nation wide
•  Recently renewed 3-year lease
•  A fully net return of $60,466* per annum
•  Northcote Plaza is anchored by Coles and Liquorland along with other major traders Kaisercraft, Australia Post, OPSM, Melbourne Pathology and Degani’s
•  Northcote Plaza is set for revitalisation with developer approved to build 600 apartments across 4 separate towers. Adding density and increasing foot traffic for traders
•  The centre has around 900 car parks and is accessible via bus, tram (High Street) and train (Northcote Station)

For further details or to arrange an inspection, please contact the Exclusive Agents Fitzroys.

*Approx.

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