SOUTH YARRA

Shop 1/242 Toorak Road, SOUTH YARRA VIC 3141

PRIME RETAIL INVESTMENT

GormanKelly is pleased to offer Shop 1, 242 Toorak Road, South Yarra FOR SALE via Private Sale.

Key Highlights:

✓ Prime ground floor retail premises of 60 sqm*
✓ ACZ1 – Activity Centre Zone
✓ Strong tenanted investment
✓ Leased investment returning $69,998 net per annum plus GST
✓ 8 year term from June 2019, plus a 7 year option
✓ 3.5% fixed annual increases
✓ Home to an established café & bar
✓ Exceptional new fitout
✓ Unbeatable South Yarra location near Chapel Street & Train Station

Location

Located just kilometres from the Melbourne CBD, this vibrant South Yarra retail opportunity sits in the heart of one of Melbourne’s most prestigious shopping and dining precincts. Positioned only metres from Chapel Street, Capitol Grand, The Como Centre, Vogue, major retailers, South Yarra Train Station, and tram routes 58 & 78.

For further details or to arrange an inspection, please contact Jack or Richard today.

JACK CONLAN
0456 810 010
[email protected]

RICHARD MUNDAY
0408 407 603
[email protected]

* = approx.