Tiga Commercial is pleased to present For Sale, Shop 3, 200 Spencer Street, Melbourne with the following investment highlights:
⟶ Situated within one of Melbourne’s busiest precincts surrounded by residential and commercial towers, upcoming major hotels, popular eateries and public transport infrastructure
⟶ Leased to ‘Be My Guest BnB Concierge’ – a tailored accommodation business providing short-stay accommodation support services including cleaning, luggage storage and key handling services
⟶ Brand new 3-year lease with 5 + 5 year options, returning approx. $75,000 p.a. plus GST plus Outgoings
⟶ Directly opposite city’s transportation hub of Southern Cross Train Station, servicing day-to-day commuters, workers and incoming travelers
⟶ High foot traffic location between Bourke and Little Bourke Streets, serviced by CBD tram links
⟶ Set to directly benefit from upcoming West Side Place & Premier Tower with international hoteliers Ritz Carlton and Movenpick Hotel due for opening in 2022
⟶ Opportunity for any buyer to purchase a Melbourne CBD retail investment with a tenancy covenant complementary to this flourishing Spencer Street precinct