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the facts

Shop 4a
46
punt road

windsor

Leased Shop 4A 46 Punt Road Windsor TCI - An in depth look behind the scenes of the campaign. We'll explain the pros, the cons, the challenges & the reveal!

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Shop 4A, 46 Punt Road Winsdor TCI Lease Leased

THE PROS

  • Part of a mixed-use development with 48 dwellings
  • Corner location with high exposure to Punt Road
  • Existing food premises fit-out
  • Opportunity for new tenant to save on fit-out expenses
Shop 4A, 46 Punt Road Winsdor TCI Lease Leased
TCI Commercial Real Estate For Sale For Lease Sold Leased The Facts Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate 
Shop 4A, 46 Punt Road Winsdor TCI Lease Leased
TCI Commercial Real Estate For Sale For Lease Sold Leased The Facts Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate 

THE CONS

  • Whilst the location provided a high volume of passing exposure to Punt Road, it provided very limited foot traffic i.e. customers
  • Not within proximity to any retail strips to provide secondary foot traffic
  • High Owners Corporation fees
Shop 4A, 46 Punt Road Windsor TCI Lease Leased
Shop 4A, 46 Punt Road Windsor TCI Lease Leased
Shop 4A, 46 Punt Road Windsor TCI Lease Leased
Shop 4A, 46 Punt Road Windsor TCI Lease Leased
Shop 4A, 46 Punt Road Windsor TCI Lease Leased
Shop 4A, 46 Punt Road Windsor TCI Lease Leased
Shop 4A, 46 Punt Road Windsor TCI Lease Leased
Shop 4A, 46 Punt Road Windsor TCI Lease Leased

THE CHALLENGES

  • The asking rent would typically be associated with a high foot location
  • This was overcome by promoting the potential as a catchment area for Uber Eats/food delivery service to the high volume of high-income residents of St Kilda, Windsor, South Yarra and surrounding
Shop 4A, 46 Punt Road Winsdor TCI Lease Leased
TCI Commercial Real Estate For Sale For Lease Sold Leased The Facts Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate 
Shop 4A, 46 Punt Road Winsdor TCI Lease Leased
TCI Commercial Real Estate For Sale For Lease Sold Leased The Facts Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate 

THE REVEAL

  • TCI leased at the property at $48,000 per annum + outgoings + GST or $510/m2 net on an initial 5 year term
  • Final result being 38% above market average

the facts

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  • RESULT
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  • RESULT

leased Shop 4A, 46 Punt Road

leased Shop 4A, 46 Punt Road

leased Shop 4A, 46 Punt Road

leased Shop 4A, 46 Punt Road

leased Shop 4A, 46 Punt Road

leased Shop 4A, 46 Punt Road

leased Shop 4A, 46 Punt Road

leased Shop 4A, 46 Punt Road

leased Shop 4A, 46 Punt Road

leased Shop 4A, 46 Punt Road

TCI Commercial Real Estate For Sale Sold For Lease Leased Property Management Commercial Real Estate Richmond Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate More views. More enquiry. The best results for you.

Contact

Address

463 Bridge Road,
Richmond 3121

Phone

03 9426 8000

Email

teneketzis@tciproperty.com

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TCI Commercial Real Estate For Sale For Lease Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate More views. More enquiry. The best results for you.
TCI Commercial Real Estate For Sale For Lease Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate More views. More enquiry. The best results for you.
TCI Commercial Real Estate For Sale For Lease Property Management Richmond Real Estate Cremorne Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate More views. More enquiry. The best results for you.

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all figures and outlines are approximates only

TCI Commercial Real Estate For Sale Sold For Lease Leased Property Management Commercial Real Estate Richmond Real Estate Collingwood Real Estate Fitzroy Real Estate Abbotsford Real Estate More views. More enquiry. The best results for you.
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