- New 5 year lease + options to 2036
- Income: $80,000 pa net (09/2021)
- Land area of 215 sqm with dual frontage
Description
Gorman Commercial is excited to offer this securely leased asset, home to renowned South Yarra restaurant and wine bar, “Shadowboxer”.
Having opened in 2016, "Shadowboxer" has become a thriving city fringe hospitality venue, future proofed by a plethora of office, residential and hotel developments, many of which lie within walking distance.
Online Auction: Thursday 10th June at 12 noon
(Registration for zoom auction required)
Key property features comprise:
* New five (5) year lease term with options to 2036
* Income: $80,000 pa net (09/2021)
* Strong annual 3% increases
* Land area: 215 sqm approx.
* Building area: 170 sqm approx.
* Rear access via R.O.W.
* Two (2) car spaces
Situated in one of Melbourne's most active city fringe growth pockets, only 100m from Chapel Street and 450m from South Yarra Train Station.