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12 Garden Street, South Yarra, Vic 3141

12 Garden Street, South Yarra, Vic 3141

Offices Retail

  • Sold Contact Agent
  • Wed 26-Jun-19

ENTRY LEVEL INVESTMENT, HIGH PROFILE LOCATION

  • New five (5) year lease
  • Net income $36,600 per annum plus GST
  • 3.5% fixed increases

  • Floor Area
  • 61 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Partial
  • Last Updated
  • Aug 15, 2019

Interested in this property? Contact an Agent today

Knight Frank - Eastern Office

Nexus Corporate Park, Level 3, 10 Nexus Court

Mulgrave Vic 3170

Paul Lillis, Knight Frank - Eastern Office
Paul Lillis
Lewien Gallus, Knight Frank - Eastern Office
Lewien Gallus

ENTRY LEVEL INVESTMENT, HIGH PROFILE LOCATION

Knight Frank is delighted to offer this fantastic entry level investment opportunity in the heart of South Yarra.

This property is located within close proximity to one of Melbourne’s iconic intersections (Toorak Rd and Chapel Street). This location will set your investment up alongside trendy and upmarket shopping, restaurants, nightclubs and café culture.

The property is complimented by outstanding public transport with Trams and Train station only moments away, this investment opportunity will be sure to tick all the boxes for the most astute investor.

• Brand new five (5) year lease
• Lease commenced 12th April 2019
• Three (3) further terms of five (5) years
• Net income $36,600 per annum plus GST
• Outgoings and GST paid by tenant
• 3.5% fixed increases
• 61sqm internal area
• Tightly held location

12 Garden Street, South Yarra, Vic 3141

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