JLL has the exclusive privilege of offering for sale this brand new retail investment at the base of the recently completed project – ‘131 Smith Street’, a high-end, carbon neutral development that has set a new benchmark for residential living in Fitzroy. + Landmark retail tenancy of 501sqm GLAR + Leased to NASDAQ listed ‘Lululemon Athletica’* (NASDAQ:LULU), leading global activewear brand with market capitalisation in excess of $32billion + Brand new 7+5+5 year lease from November 2024 + Current Net Rent: $400,000 annum with 4% fixed annual rental growth + Tenant pays ALL outgoings including land tax + Brand new fit out offers potential for depreciation benefits + Includes 3 car spaces on title (only 1 assigned to lease) + Positioned on the ground floor of an newly completed project comprising 39 high-end apartments, selling in excess of $4.6m and designed by award winning architects ‘Freadman White’ and completed by renowned developer ‘Outline’ + Prominent and high-profile position in the best section of Smith Street, Fitzroy, close to the corner of Gertrude Street + An unprecedented growth location on the cusp of the CBD, surrounded by hundreds of proposed/under construction apartments *Wholly owned subsidiary of Lululemon Athletica Inc. *Approx. Lululemon - 131 Smith Street, Fitzroy is For Sale by Public Auction on Thursday 12 December at 12:30pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive JLL selling agents Jesse Radisich 0402 085 702 [email protected] Tim Carr 0415 767 915 [email protected] Jarrod Herscu 0418 155 062 [email protected] MingXuan Li 李 名轩 0498 688 998 [email protected] 中文普通话咨询物业详情,请联系Mingxuan Li李名轩。 手机: 0498 688 998, 电子邮件: [email protected], 或微信ID: Mingxuanli777
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Propriété ID: 504732052