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
For more details, please email agent