Gorman Commercial FOR SALE

302 Toorak Road, South Yarra

auction

OUTSTANDING HOSPITALITY OPERATOR - "SHADOWBOXER"

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.

Listing Highlights

  • New 5 year lease + options to 2036
  • Income: $80,000 pa net (09/2021)
  • Land area of 215 sqm with dual frontage

Property Details

Asset Type
Retail
Building Area
170 m2*
Car Parking
2 spaces
Price
Contact Agent