Shop 1B, 7 Yarra Street, SOUTH YARRA, VIC
Sold Price: $900,000
Sold Date: 09/04/20201
Building Area: 67 sqm
TASTY SOUTH YARRA INVESTMENT
Gorman Commercial is pleased to offer Shop 1B, 7 Yarra Street, South Yarra for private sale.
Secure this exceptional retail investment leased to well known tenant “Ozzy Thai” and located within the booming ‘Forrest Hill’ precinct.
* Tenant: Ozzy Thai (multiple locations)
* Lease term: 5 years (commenced Dec. 2019)
* Options: Two (2) further five (5) year terms
* Rental: $53,560*pa net plus GST and outgoings
* Reviews: Fixed 3% annual increases
Located in the renowned Forrest Hill precinct and ideally positioned only 100 metres from South Yarra Train Station, Toorak Road and Chapel Street shopping precinct. The immediate surrounds of Claremont Street and Yarra Street have seen significant development of both commercial and residential in the past five years ensuring hospitality tenants continue to thrive.
Shop 1B, 7 Yarra Street, SOUTH YARRA, VIC |
TASTY SOUTH YARRA INVESTMENTGorman Commercial is pleased to offer Shop 1B, 7 Yarra Street, South Yarra for private sale. Secure this exceptional retail investment leased to well known tenant “Ozzy Thai” and located within the booming ‘Forrest Hill’ precinct. * Tenant: Ozzy Thai (multiple locations) Located in the renowned Forrest Hill precinct and ideally positioned only 100 metres from South Yarra Train Station, Toorak Road and Chapel Street shopping precinct. The immediate surrounds of Claremont Street and Yarra Street have seen significant development of both commercial and residential in the past five years ensuring hospitality tenants continue to thrive. *Every precaution has been taken to establish the accuracy of the information contained in this publication but does not constitute any representation by the publishers, vendors or real estate agent. Interested parties must rely on their own inquiry. |
Property ID: 131775Contact DetailsAndrew Prowse |