1/245 Franklin Street, Melbourne

Friday 09 May 2014

 

VIC: Shop sale

 

 

A GROUND-FLOOR shop in the Infinity8 development has sold to a private investor for $800,000.

The tenant has signed a new five year lease with three further terms of five years, at a net annual rental of $44,000 with annual increases inline with CPI.

PRICE: $800,000

BUYER: Private investor

SELLER: Private investor

AREA: 53 sq m

AGENT: Raff De Luise, ICR Property Group

The Australian, Friday 9th May 2014

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