2&3/529 Chapel St South Yarra VIC 3141
- 214 m²
- For Sale, $6,900,000 (GST na)
FASHIONABLE INVESTMENT IN THE HEART OF CHAPEL STREET - 10 YEAR LEASE
- • Area: 214sqm approx.
- • Fixed 4% rent increases.
- • Two car spaces.
• Located in the absolute prime position of one of Melbourne’s premier retail strip. Occupied by international fashion 'General Pants Co'. Excellent long term growth potential with nearby residential and commercial real estate projects with associated local population growth expected. Vibrant retail strip located amongst highly successful retailers. Diagonally opposite tram stop
• Area: 214sqm approx.
• Lease Term: 10 + 10 years
• Fixed 4% rent increases
• Chapel Street frontage of 10.9 meters (approx.)
• Two car spaces.
• Depreciation benefits
• Current Rent: $380000 pa (approx) plus outgoings
• Opposite Jam Factory and Colonnade car parks
• Adjacent pedestrian crossing and ‘Lover’s Walk’ pedestrian link to South Yarra Station
• Price Guidance $6.9 million
|Address||2&3/529 Chapel St South Yarra VIC 3141|
|Zoning||PUZ4 - Public Use Zone (PUZ) Schedule 4|
|We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.|
|Floor Area||214 m²|
|Land Area||214 m²|
|Parking||2 x Onsite parkings|
|Last updated||25 Jan 2018|