Description

Rental return $3417.35 Per Month
PREMIUM RETAIL INVESTMENT OPPORTUNITY

Possessing a prime corner location in the vibrant South Yarra retail precinct, this leased retail site presents purchasers with an outstanding opportunity to secure a position with the benefit of high exposure to vehicle and pedestrian traffic, along with an immediate income stream.

Key attributes of the property comprise:

Premium corner position with mezzanine
Commercial 1 Zoning
Lease terms 2 years from 26 November 2019
Further 2 year renewal option
Rental return $3417.35 per calendar month inc. GST
Total floor area 70sqm approx.
Ground floor 50sqm approx., mezzanine 20sqm approx.
Staff amenities, kitchenette and air con
Secure on-site parking for 1 vehicle

Exceptionally located within the ever-popular Hawksburn shopping strip, surrounded by boutique retailers, restaurants, cafes plus carparks. With the added convenience of nearby trams, trains and major road arterials.

*Photo ID required at all First National JXRE open for inspections and auctions. First National JXRE may refuse to provide further information on the property should you prefer not to disclose your full contact information including phone number. Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

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