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211 Swan St 2,314 SF Vacant Retail Building Richmond, VIC 3121 For Sale
Investment Highlights
- Two-level commercial building with separate ground and first-floor tenancies.
- First floor leased for two years from 05/04/2025 with a three-year option and annual 4% rental increases.
- Ground floor occupied under a three-year lease commencing 21/09/2025 with 4% annual increases.
- Located in a thriving commercial precinct with strong exposure to foot and vehicle traffic.
Executive Summary
This two-level building located in a high-exposure area offers a strong investment opportunity with two separate tenants in place. The ground floor comprises approximately 100 m² under a three-year lease that commenced on 21/09/2025 with no renewal options. The agreed rental is $51,000 per annum plus outgoings and GST, with annual increases set at 4%.
The first floor spans approximately 115 m² and is occupied under a two-year lease commencing 05/04/2025, including a three-year renewal option. Rental for this tenancy is $31,000 per annum plus outgoings and GST, with annual 4% increments. Both levels are leased, providing a multi-income structure within a well-maintained commercial property located in a thriving precinct with steady demand.
The first floor spans approximately 115 m² and is occupied under a two-year lease commencing 05/04/2025, including a three-year renewal option. Rental for this tenancy is $31,000 per annum plus outgoings and GST, with annual 4% increments. Both levels are leased, providing a multi-income structure within a well-maintained commercial property located in a thriving precinct with steady demand.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
2,314 SF
Building Class
C
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.64
Lot Size
0.03 AC
Frontage
21’ on Swan Street
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Nearby Major Retailers
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211 Swan St
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