THE FACTS

121
SWAN street

RICHMOND

THE PROS

Located on the best location on Swan Street – opposite Coles
Small overall size, creates affordability and competition
Well presented shop with
- High ceiling
- Polished concrete floor
- Open plan layout

THE CONS

Limited rear access with no loading access/facility
No bin storage
No car parks
No existing food infrastructure i.e. exhaust canopy, grease trap etc…
High rent in comparison to rate per m²

Commercial Real Estate Market Average TCI Difference TCI Result The Pros The Cons The Challenges The Reveal The Facts 121 Swan Street Richmond

_OP_5561

_OP_5566

_OP_5578

_OP_5525

_OP_5533

_OP_5498

THE CHALLENGES

Marketing campaign focused on the quality of the shop and the location
Potential tenants were advised of the lack of bin storage and possible solutions

THE REVEAL

After two weeks on market, there were multiple offers submitted to the landlords
To achieve the best outcome, each party was instructed to submit their best single offer for submission to the Landlord
Property was leased above the asking rent, on a long term secure lease, to an exceptional tenant with a fresh and brilliant concept for the street

the facts

market expectation

$

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PER M²

RESULT

$

0

PER M²

difference

0

%

higher

Campaign performance

PER M²

percentage (%)

RETURN

market average

RESULT

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all figures and outlines are approximates only