Absolute prime retail investment in tightly-held precinct.

• Prime corner location
• Rental: $65,000 pa Net
• Fixed annual increases
• Long term lease – 5 + 5 years
• High profile location on the doorstep of Centro Shopping Centre

The subject property consists of a prominent two-storey retail/office premises of 230 sqm approx.

The breakdown is 170 sqm approx plus 60 sqm on the first floor.

The property forms part of the established Portman Street, Oakleigh retail shopping precinct, with the subject property located on the south-eastern corner of Portman Street and the Eaton Street Mall.  Most notably, the subject property is located adjacent to one of Centro’s Oakleigh Shopping Centre’s main entrances and is exposed to considerable levels of passing pedestrian traffic.

The retailing/commercial precinct of Oakleigh, excluding the shopping centre, includes numerous major banks, several cafes and numerous retail traders.