5/221 Queen Street, Melbourne

$1,160,000

80m2 Land Area 80m2 Floor Area
For Sale
+ 1

Secure CBD Investment – Brand New 4+4 Year Lease | $70,000 P/A Net

Positioned within a tightly held CBD pocket, this high-exposure retail premises has just secured a brand new 4 + 4 year lease to a nail salon studio operator, providing an immediate net income of $70,000 per annum.

The tenant has recently commenced their lease and is currently undertaking their fit-out, reinforcing long-term commitment to the location.

The property comprises approximately 80m²* of retail space with excellent frontage to Queen Street, strong pedestrian exposure, and inviting double-door entry with bi-fold windows allowing natural light and visibility. The flexible internal layout suits a variety of retail or service-based uses.

Surrounded by established cafés and eateries including Caterina's Cucina E Bar, French Fix Café and Speck Café, the property benefits from consistent daily foot traffic and proximity to Melbourne's legal and commercial precinct.

Key Investment Features:
* Secure 4 + 4 year lease
* $70,000 p.a. net income
* High exposure CBD location
* Strong pedestrian traffic
* Immediate income stream

Highlights:
* Retail shop of 80m²**
* Excellent frontage to Queen Street with prominent signage opportunities
* High pedestrian exposure in a busy CBD pocket
* Inviting double doors with bi-fold windows for natural light and visibility
* Surrounded by popular cafés & eateries including Caterina's Cucina E Bar, French Fix Cafe, and Speck Café.
* Easy access to public transport (trams, trains & buses)
* Situated in the historic “Law Development's” 1970s building – full of character and charm

This is an ideal opportunity for investors seeking a well-positioned CBD retail asset with a fresh lease and strong income profile.

(**approx.)


Details

Address 5/221 Queen Street, Melbourne
Price $1,160,000
Property Type Commercial
Property ID 30
Commercial Listing Type Sale
Category Retail, Hotel/Leisure, Medical/Consulting
Land Area 80m2
Total Area 80m2

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Steve Kikyris

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