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384 Punt Road
South Yarra VIC 3141
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Sold on 19 Apr 2023

384 Punt Road South Yarra VIC 3141

  • Shop & Retail
  • 105 m²
  • Sold

Rare Commercial Freehold in One of Melbourne's Busiest and Most Recognisable Locations

  • 6-Year Net Lease
  • Fully Refurbished Building
  • Proven Hospitality Tenants

Stonebridge Property Group is pleased to present for sale 384 Punt Road, South Yarra.

The key highlights of the opportunity include:

- Tenanted by a highly rated Japanese restaurant backed by renowned chefs who have experience at some of Melbourne's finest restaurants

- The building has been recently refurbished throughout and includes a brand new fitout and custom built kitchen

- The current tenant occupies the property on a new 6-year lease with fixed 3.5% annual rental increases

- Strategically positioned alongside a council car park, providing rare customer convenience

- Located within South Yarra an affluent inner south-eastern suburb boasting a median house price of $2,035,000

- Close proximity to Melbourne's most desirable retail hubs such as Toorak Road and Chapel Street

- Tenants enjoy favourable signage opportunities, with Punt Road frontage providing exposure to circa 33,000* passing cars daily

*Approximately
^As at May 2nd 2023

384 Punt Road, South Yarra is offered for sale via Public On-Site Auction on Wednesday 19th April 2023 at 2:30pm (AEST).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0488 782 594

Sarah Xi
0468 320 297

Property Code: 619

AUCTION

Auction date and time19/04/2023 14:30
Auction locationSee description

Property Highlights

Date Sold19 Apr 2023
Floor Area105 m²
Land Area111 m²
ParkingAsk Agent
Property ID2018425546
Category
Last updated  19 Apr 2023
Map for 384 Punt Road South Yarra VIC 3141

Property Highlights

Date Sold19 Apr 2023
Floor Area105 m²
Land Area111 m²
ParkingAsk Agent
Property ID2018425546
Category
Last updated  19 Apr 2023

Co-Agents

Nic Hage
Stonebridge Property Group VIC
Call
+61 448 782 594
Sarah Xi 席子棠
Stonebridge Property Group VIC
Call
+61 468 320 297

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